SUBSCRIBERS
SembMarine shares slide on disappointing Q2 results
"Patience is needed" for the yard to sustain recovery in new orders, says analyst
Published Mon, Jul 23, 2018 · 09:50 PM
Singapore
SEMBCORP Marine shares sank on Monday, following its second-quarter results released after trading hours on Friday which saw the group post a net loss of S$55.62 million. This came in lower than street expectations.
From last Friday's closing price of S$1.96, its shares fell by 5.1 per cent or 10 Singapore cents, to S$1.86 by 1.40pm.
Copyright SPH Media. All rights reserved.
