Sembcorp Industries reports marginal decline in annual profit as gas earnings soften
The Singaporean utility firm reported a net profit of S$1.00 billion for the past year. Strong renewable growth was offset by weaker gas segment performance.
Insights:
Sembcorp Industries Ltd has reported an underlying net profit of S$1.00 billion for the fiscal year ended December 31, according to an announced year-end earnings release in Singapore 
SG. The result marks a marginal decline from the S$1.01 billion underlying net profit recorded by the company a year earlier.
SG. The result marks a marginal decline from the S$1.01 billion underlying net profit recorded by the company a year earlier.
