I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Thursday, 4 August 2011

Sembcorp's Q2 net profit up 8.6%, boosted by utilities

By ANGELA TAN


Sembcorp Industries (Sembcorp) reported on Thursday that its net profit for the second quarter ended June 30, 2011 rose 8.6 per cent from a year ago at S$175.10 million, boosted by its utilities business.

Turnover was up 1.4 per cent at S$2.17 billion.

For the half year, net profit rose 4.7 per cent to S$335.04 million. Turnover however fell 8.2 per cent to S$4.17 billion.

Return on equity (annualised) for the group was a healthy 17% and earnings per share amounted to 18.8 cents for the period. Economic value added was a positive S$255.9 million, while cash and cash equivalents stood at S$2.2 billion.

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