You are here

Sembcorp Industries flags losses for energy division and S$245m impairments for Q4

It cites S$158m write-down in UK, impairment of S$64m in Chile and S$23m fall in value of China water assets

Singapore

CONGLOMERATE Sembcorp Industries (SCI) has issued a profit guidance for its financial results for the fourth quarter ended last December and the fiscal year, flagging impairments of S$245 million.

SCI, in a statement to Singapore Exchange (SGX) after trading hours, said...