SembMarine Q4 net profit sinks 94.9% to S$5.9m

OFFSHORE engineering group Sembcorp Marine saw net profit for the fourth quarter tumble 94.9 per cent to S$5.9 million from S$117.3 million a year ago on “continued low overall business volume”, impairment of an asset and accelerated depreciation costs. Read more at The Business Times.

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:

BusinessTimes /  🏆 15. in SG

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.

Challenger Technologies Q4 net profit down 2% to S$5.7mCHALLENGER Technologies on Friday posted a 2 per cent decrease in net profit to S$5.7 million for the fourth quarter ended Dec 31, 2018. Read more at The Business Times.
Read more »

Bundesliga posts record revenue of 4.42 billion euros for 2017/18Business is booming in the Bundesliga with the German Football League (DFL) announcing Wednesday total revenue of 4.42 billion euros ($5 billion) ...
Read more »

Silverpush raises US$5m in series B funding led by FreakOutINDIA-based marketing technology platform SilverPush has raised US$5 million in a series B funding round led by FreakOut Holdings, a technology investment company. Read more at The Business Times.
Read more »

Challenger Technologies Q4 net profit down 2% to S$5.7mCHALLENGER Technologies on Friday posted a 2 per cent decrease in net profit to S$5.7 million for the fourth quarter ended Dec 31, 2018. Read more at The Business Times.
Read more »

DBS Q4 net profit climbs 8%, supported by rise in net interest marginSINGAPORE: DBS Group Holdings Ltd , Singapore's biggest lender, reported an eight per cent rise in quarterly profit that came in line with market ...
Read more »

DBS Q4 net profit rises 10% to S$1.32bDBS Group Holdings reported a 10 per cent increase in net profit after one-off items to S$1.32 billion for the fourth quarter, up from S$1.19 billion the year before. While business momentum remained healthy, results were “dampened” by weakness in treasury markets income, the bank said in a regulatory announcement on Monday morning. Read more at The Business Times.
Read more »