At the gross and operating levels, SMM reported 4Q losses of $48.2 million at $43.6 million, respectively.
SINGAPORE (Feb 21): Sembcorp Marine (SMM) has announced a loss of $33.8 million for 4Q17, compared to earnings of $34.3 million a year ago, on lower turnover as well as higher costs.
This brings SMM’s earnings for the full year to $14.1 million, down 82.1% from $78.8 million a year ago.
