SUBSCRIBERS
Sembcorp Q3 earnings surge 40% to $254.4m
Substantial gains relating to Salalah IPO underpin results
Published Mon, Nov 11, 2013 · 10:00 PM
BACKED by substantial gains relating to the initial public offering of its Salalah company in Oman, Sembcorp Industries posted a 40.4 per cent surge in third-quarter net profit to $254.4 million, from $181.2 million a year ago.
Turnover for the three months ended Sept 30 was up 31 per cent at $2.97 billion as falls in the utilities and urban development segments wer…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft-OpenAI deal set to dodge formal EU merger probe: sources
China slams US move to investigate its shipbuilding industry
TikTok divest-or-ban bill heads to fast track in US congress
Google lays off employees, shifts some roles abroad amid cost cuts
Cordlife files police report against former employees for ‘potential wrongdoings’
Michelin challenges EU’s hunt for evidence of tyre cartel