In its interim business update for the 3QFY2020 and 9MFY2020 released on Nov 11, Sembcorp Marine (SembMarine) says the group continued to incur losses during the quarter with low overall business volume and execution delays.

It adds that it expects losses to continue into the 4QFY2020.

See: Sembcorp Marine is expected to 'remain loss-making' in FY20 and FY21, estimates KGI Securities

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook