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SembMarine Q2 profit up 5.4% at S$131.6m

Improvement is due to stronger rig building and fixed platform results

SEMBCORP Marine yesterday posted a 5.4 per cent increase in second-quarter net profit to S$131.6 million, from S$124.9 million a year ago, due to higher profit contribution from its rig building and fixed platform segments.

The rig-builder's revenue for the quarter ended June 30 rose 19...

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