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Sembcorp reports 20% rise in 2Q earnings to $98 mil on improved energy business

PC Lee
PC Lee8/14/2019 06:12 PM GMT+08  • 2 min read
Sembcorp reports 20% rise in 2Q earnings to $98 mil on improved energy business
SINGAPORE (Aug 14): Sembcorp Industries reported earnings of $98 million for the 2Q19 ended June, 20% higher than the earnings of $82 million in 2Q18 a year ago, on improved performance from the Energy business.
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SINGAPORE (Aug 14): Sembcorp Industries reported earnings of $98 million for the 2Q19 ended June, 20% higher than the earnings of $82 million in 2Q18 a year ago, on improved performance from the Energy business.

Basic earnings per share rose 26% to 4.98 cents from 3.94 cents a year ago.

Turnover in 2Q19 fell 29% to $2.37 billion from $3.3 billion a year ago. Profit from overall operations rose 21% to $232 million.

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