Can Sembcorp Marine reinvent itself as a green champion?
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SEMBCORP Marine's business updates for Q1 FY2021, released on Monday, offered a grim outlook for the offshore and marine company.
After three consecutive years of losses, the company said it expects to be loss-making in 2021 too.
Analysts are estimating a slow recovery. DBS, CGS-CIMB and UOB Kay Hian project that losses for the group will continue into 2022.
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