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Sembmarine's Q4 profit up 9.2%, boosted by rig-building

Company proposes final cash dividend of 8ยข, the same as in the year before

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SEMBCORP Marine's rig- building projects and other operating income pushed its fourth-quarter net profit 9.2 per cent higher to $182.4 million - PHOTO: BLOOMBERG

SEMBCORP Marine's rig- building projects and other operating income pushed its fourth-quarter net profit 9.2 per cent higher to $182.4 million.

Excluding non-operating items, the group's net profit for the quarter was 45 per cent higher, against the $126 million posted a year ago.

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