Ship Ahoy: Marine, urban development segments pushed Sembcorp's profits up 4.5%

Revenue also jumped by 11.8%.

According to OCBC Investment Research, Sembcorp Industries (SCI) posted an 11.8% YoY rise in revenue to S$2.63b and a 4.5% YoY increase in net profit to S$184.8m in 1Q14, accounting for 22% and 23% of OCBC's full year estimates, respectively.

Here's more:

There were no material one-offs in the last quarter and the results were within our expectations. Net profit from the utilities business rose 3% to S$91.6m, while marine saw a similar rise in percentage to S$74.3m in the quarter. Urban development was the outperformer, with a 192% rise in net profit to S$19.5m, due to strong contributions from the Nanjing Eco Hi-tech project in China.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia