Sembcorp Posts A Group Net Profit of S$301 Million for FY2020

Capt. John

Sembcorp Industries (Sembcorp) posted a Group net profit of S$301 million for full year 2020 (FY2020).

It is excluding exceptional items and the discontinued Marine business, compared to S$456 million in FY2019.

Including the Marine business and exceptional items, the Group recorded a net loss of S$997 million for FY2020, compared to a profit of S$247 million in FY2019.

A Sembcorp news article features about Sembcorp’s underlying FY2020 net profit of S$301 million amid a challenging year.

A net...

https://mfame.guru/sembcorp-posts-a-group-net-profit-of-s301-million-for-fy2020/

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