Sembcorp posts S$131m net loss in H1

Singapore

A BLEEDING marine segment on the back of an oil slump and substantial impairments of energy assets dragged Sembcorp Industries' (SCI) first half showing into the red, with a net loss of S$131 million against profit of S$191 million a year earlier.

SCI's marine segment sank deeper in the red, with a loss of S$117 million from S$6 million a year earlier over the six-month period ended June while excep…

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