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Offshore and marine company Seatrium returned to profitability in H1 2024 with a 39% revenue increase to S$4.0 billion.
Offshore and marine company Seatrium returned to profitability in H1 2024, with a revenue of S$4.0 billion, up 39% from H1 2023's S$2.9 billion.
Underlying EBITDA improved to S$390m, reversing a net loss of S$264m in H1 2023.
Seatrium's net order book stood at S$26.1bn as of 30 June, a 61% increase from the end of 2023.
The company's growth is supported by broad-based demand across the oil and gas and renewables sectors.
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La compañía marina y offshore Seatrium volvió a la rentabilidad en H1 2024 con un aumento de ingresos del 39% a 4 mil millones de dólares singapurenses.