Sembcorp profits up 20% to $98m in Q2

Submitted By:  Staff Reporter Case Study:  No However, revenue fell 33% due to lower turnovers from its energy and marine units. Sembcorp Industries’ profit jumped 20% YoY in Q2 to $98m from $82m over the same period last year even as revenue crashed 33% YoY to $2.1b in Q1 from $3.16b in the previous year. For the first half of the year, profits climbed 20% YoY to $191m from $159m last year, whilst revenue fell by 21% YoY to $4.85b compared to $6.1b in H1 2018. read more