Semcorp reports net profit drop citing "difficult" market conditions

August 3, 2016

Sembcorp Industries has reported a fall in net profit of 47 per cent to S$193.5 million ($144.2 million) for the first half of 2016. The decrease partly reflects a gain of S$54.7 million ($40.8 million) on selling UK water business Bournemouth Water in the first half of 2015, as well as a "difficult" current market environment.

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Sembcorp reports net profit drop citing "difficult" market conditions
Sembcorp reports net profit drop citing "difficult" market conditions

Sembcorp Industries has reported a fall in net profit of 47 per cent to S$193.5 million ($144.2 million) fo...