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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,…

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