Over 4Q, the group recorded a 7% rise in turnover to $2.6 billion from $2.4 billion the previous year, driven by higher contributions from the Utilities businesses.
SINGAPORE (Feb 21): Sembcorp Industries reported earnings of $106 million for the 4Q ended Dec 2018, representing a 10% decline from restated 4Q17 earnings of $118 million as the Marine segment continued to impact the absorption of overhead costs.
This brings Sembcorp’s FY18 earnings to $347 million, down 9% from restated earnings of $383 million a year ago.
