SINGAPORE - Sembcorp Marine has sunk into the red with a net loss of $77.7 million for its fourth quarter ended Dec 31 from a net profit of $5.9 million a year ago.
Loss per share stood at 3.72 cents for the quarter, from an earnings per share of 0.28 cent a year ago. No dividend was recommended for the full year ended Dec 31. For the same period, net loss widened to $137.2 million from $74.1 million a year ago, while revenue was down 41 per cent to $2.88 billion, from $4.89 billion a year ago.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gojek buys $41.7m stake in Indonesia taxi operator Blue Bird: SourcesJAKARTA (BLOOMBERG) - Indonesia's on-demand services app Gojek purchased a minority stake in top local taxi operator PT Blue Bird for US$30 million (S$41.7 million), people with knowledge of the matter said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Eagle Hospitality Trust posts Q4 DPS 24.4% below IPO forecastSINGAPORE (THE BUSINESS TIMES) - Eagle Hospitality Trust (EHT) posted a distribution per stapled security (DPS) of 1.179 US cents for the fourth quarter ended Dec 31, 24.4 per cent lower than its initial public offering (IPO) forecast of 1.56 US cents.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
IOB Building in Cecil Street up for sale with $217.7m guide priceSINGAPORE (THE BUSINESS TIMES) - IOB Building, a six-storey office block with two levels of basement car park at 64 Cecil Street, has been put up for sale via tender at an overall guide price of $217.7 million, said exclusive marketing agent Knight Frank on Monday (Feb 17).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Pan-United Q4 net profit soars 167%, raises dividendPan-United Q4 net profit soars 167%, raises dividend.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Great Eastern Q4 profit more than doubles to $287mSINGAPORE (THE BUSINESS TIMES) - Great Eastern Holdings on Wednesday posted a net profit of $287 million for the fourth quarter ended Dec 31, 2019 more than double the $136.9 million a year ago.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
OUE Lippo Healthcare Q4 net profit doubles on reversal of provisionOUE Lippo Healthcare Q4 net profit doubles on reversal of provision.
Source: BusinessTimes - 🏆 15. / 51 Read more »