SINGAPORE (Feb 20): Sembcorp Marine, the engineering solutions provider to the global offshore, marine and energy industries, reported a net loss of $77.7 million for 4QFY2019 ended December, compared to earnings of $5.9 million a year ago. 

This widened the group’s losses for FY2019 to $137.2 million, some 85% higher than losses of $74.1 million in FY2018. 

This resulted in a loss per share of 3.72 cents for the quarter, compared to earnings per share of 0.28 cents for the corresponding quarter last year. 

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