Sembcorp doubles dividend on higher earnings, shuffles business leadership

businesstimes

02-27

SEMBCORP Industries on Thursday (Feb 27) reported a 14 per cent rise in total net profit to S$471 million for the second half ended Dec 31, 2024, from S$412 million in the year-ago period.This ...

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There was also a S$9 million net loss from discontinued operations related to the disposal of Chongqing Songzao Sembcorp Electric Power.Excluding discontinued operation, net profit for the half-year period would have been S$480 million, a 17 per cent increase from S$412 million in the previous corresponding period.That pointed to earnings per share of S$0.2691, up from S$0.2312 in H2 FY2023.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}