01 Dec 2015

Profit Guidance

Singapore, December 1, 2015: Sembcorp Marine Ltd (the “Company” and together with its subsidiaries, the “Group”) wishes to announce that the Group is expected to record a net loss for the fourth quarter ending 31 December 2015 (“4Q2015”) and a significant decline in the net profit for the full year ending 31 December 2015 (“FY2015”).

With reference to disclosures given during the first three quarters in 2015 regarding the challenging operating environment and customers deferring or seeking to defer their rig orders, the results for the 4Q2015 and FY2015 will be materially negatively impacted.

Details of the Group’s performance will be disclosed when it announces its unaudited financial results for the 4Q2015 and FY2015 on 15 February 2016. In the meantime, shareholders and investors are advised to exercise caution when dealing in the shares of the Company.

 

For further information, please contact:

Analysts’ enquiries
Ms Lisa Lee
Head of Investor Relations
Tel No : 65-62627107
Email : lisa.lee@sembmarine.com

Media enquiries
Mr David Wong
Head of Corporate Communications
Tel No : 65-62628036
Email : david.wong@sembmarine.com

 

For the complete PDF version of this release, please click here.

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