Tip toe into the market.
Sembcorp Marine, the world's number two builder of offshore oil rigs, said on Friday its first-quarter net profit climbed 34 per cent from a year ago.
The Singapore company, 61-per cent owned by conglomerate Sembcorp Industries, said its order book stood at S$8.42 billion at the end of the first quarter, versus S$9 billion at the end of the fourth quarter.
---------------------------------------
Will SML help to pull SCI higher? SCI announcing Q1 on Tuesday