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.

洞察:
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 SGSG. The result marks a marginal decline from the S$1.01 billion underlying net profit recorded by the company a year earlier.
A signage of Sembcorp Industries is pictured outside their office in Singapore May 14, 2025. REUTERS/Edgar Su
A signage of Sembcorp Industries is pictured outside their office in Singapore May 14, 2025. REUTERS/Edgar Su
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