SINGAPORE - Sembcorp Marine, the world's number two oil rig builder, reported on Tuesday a better-than-expected 28 per cent rise in second quarter net profit, helped by higher margins and earlier completion of projects.
The company, 61 per cent owned by Sembcorp Industries, earned $176.1 million in the April-June period, up from $138.1 million a year ago.
The result beats the $141.6 million forecast of two analysts surveyed by Reuters.
Sembcorp Marine said its orderbook stood at $4.3 billion. -- REUTERS
Posts
Limited Time: Get S$450 Cash Welcome Gift or Dyson V12 For Citi Cards!
-
For a limited time, get a choice of a really generous upsized S$450 or a
choice of pricey gadgets when you sign up for an eligible Citi card as a
new car...
7 hours ago
No comments:
Post a Comment