Sembcorp Marine (SembMarine)

Analysts 'hold' on Sembcorp Marine but up target prices on improving outlook - THE EDGE SINGAPORE

Broker's Calls

Analysts 'hold' on Sembcorp Marine but up target prices on improving outlook

CGS-CIMB and DBS Group Research kept their ‘hold’ ratings for Sembcorp Marine (SembMarine) unchanged after its 1QFY2021 ended March business update guided a net loss for FY2021.

Sembcorp Marine expects losses to continue for FY21 given worker shortage - THE EDGE SINGAPORE

Results

Sembcorp Marine expects losses to continue for FY21 given worker shortage

Sembcorp Marine (SembMarine) “expects losses to continue” for the rest of the year given the continued impact of Covid-19, according to its 1QFY2021 ended March business update.

STI ready for a respite; Keppel rising to the challenge  - THE EDGE SINGAPORE

Right Timing

STI ready for a respite; Keppel rising to the challenge

The Straits Times Index looks somewhat tired following its rise from 2,881 in Feb to 3,207 in the first week of April, before easing slightly.

Sembcorp Marine partners with GE Renewable Energy for GBP600 mil wind farm contract - THE EDGE SINGAPORE

Contracts

Sembcorp Marine partners with GE Renewable Energy for GBP600 mil wind farm contract

Sembcorp Marine (SembMarine) and GE Renewable Energy’s Grid Solutions have secured a contract worth approximately GBP600 million ($1.12 billion) from RWE Renewables to supply the high voltage direc

Sembcorp shrugs off full-year loss as it pivots more to renewable energy - THE EDGE SINGAPORE

Company in the news

Sembcorp shrugs off full-year loss as it pivots more to renewable energy

Shares of Sembcorp Industries have traded higher despite having announced its first ever full-year net loss and largest full-year revenue decline for FY2020 ended Dec 31.

Sembcorp Marine secures first SORA-based sustainability-linked loan for maritime industry from DBS - THE EDGE SINGAPORE

Green loans

Sembcorp Marine secures first SORA-based sustainability-linked loan for maritime industry from DBS

Sembcorp Marine (SembMarine) has, on March 4, secured a sustainability-linked loan that references the Singapore Overnight Rate Average (SORA) from DBS Bank, making it a first in the maritime indus

Analysts remain cautious on Sembcorp Marine following deepening net losses in FY20 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain cautious on Sembcorp Marine following deepening net losses in FY20

Analysts from CGS-CIMB Research and OCBC Investment Research (OIR) have continued to maintain “hold” on Sembcorp Marine (SembMarine) after the group revealed that it feel deeper into the red for th

Sembcorp swings into FY2020 net loss of $997 mil after Sembmarine divestment - THE EDGE SINGAPORE

Results

Sembcorp swings into FY2020 net loss of $997 mil after Sembmarine divestment

Sembcorp Industries has announced a weak set of results for FY2020 ended Dec 31, following the divestment of its former subsidiary Sembcorp Marine (Sembmarine).

Sembcorp Marine posts $582.5 mil loss for FY20 including $162 mil asset impairments and provisions in 4Q - THE EDGE SINGAPORE

Results

Sembcorp Marine posts $582.5 mil loss for FY20 including $162 mil asset impairments and provisions in 4Q

Sembcorp Marine (SembMarine) has reported a higher net loss of $582.5 million for the FY2020 ended December, compared to the net loss of $137.2 million in the FY2019, due to lower overall revenue a

Sembcorp Marine to make material provisions in 4Q20 in profit guidance - THE EDGE SINGAPORE

Results

Sembcorp Marine to make material provisions in 4Q20 in profit guidance

Sembcorp Marine (SembMarine) says it will be making material provisions in its financial results for the 4QFY2020.

×