SUBSCRIBERS
Sembmarine expects losses to continue for FY2021
Add BT as a preferred source
Published Mon, May 3, 2021 · 09:50 PM
Singapore
MAINBOARD-LISTED Sembcorp Marine (Sembmarine) said on Monday in an interim business update that it expects losses to continue for FY2021.
The offshore and marine company continues to face supply chain constraints due to Covid-19, and a shortage of skilled workers as foreign workers who left Singapore over the past year have been unable to return due to ongoing border controls in countries such as India and Bangladesh.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
