Sembcorp's FY2023 earnings rises 11% y-o-y to S$942 mil
20 Feb 2024, 02:52 pm
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Sembcorp's solar assets in Shandong, China. (Photo by Sembcorp)

SINGAPORE (Feb 20): Sembcorp Industries (SCI) reported a net profit before extraordinary items (EI) in FY2023 of S$1.018 billion (RM3.61 billion), up 38% y-o-y, and S$1.02 billion up 45% y-o-y after EI. Including the loss from its discontinued operations, Sembcorp's earnings for the FY2023 stood 11% higher y-o-y at S$942 million.

However, total turnover fell by 10% y-o-y to S$7.042 billion. Net profit before EI translates into an earnings per share (EPS) of 57.21 cents and a return on equity (ROE) of 23.8%. EPS on a diluted basis for the full year ...(click on link for full story on theedgesingapore.com) 

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