The net loss for the half-year period includes provisions of $472 million due to $361 million in additional costs incurred from added labour and other expenses for the next six to 18 months to complete existing projects.
Sembcorp Marine (SembMarine) has reported net loss of $647.2 million for the 1HFY2021 ended June, deepening from the net loss of $192.1 million reported in the 1HFY2020.
Loss per share stood at 5.16 cents over 12.56 billion shares in SembMarine, from loss per share of 8.83 cents over 2.18 billion shares in the 1HFY2020 on a fully diluted basis.
