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Sembcorp Industries posts Q4 loss of S$15m on impairments

Excluding exceptional items, it would have posted a 24% rise in net profit to S$126 million

Singapore

A PROTRACTED downturn in the marine sector and impairments of its UK energy asset pushed Sembcorp industries into the red. It posted a net loss of S$15 million for the fourth quarter, reversing from a profit of S$106 million a year earlier.

Excluding exceptional items,...