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Seatrium’s net profit soars in H1

Revenue for the period also grew 34% to $5.4b.

Seatrium Limited has posted a net profit of $144m for the first six months of the year, representing 301% year-on-year growth.

Revenue for the period also grew 34% to $5.4b, reflecting strong execution of its robust order book.

The group’s earnings before interest, taxes, depreciation, and amortisation also improved YoY to $407m, up from $311m.

During the period, Seatrium’s net order book stood at $18.6b, of which $6.3b is for renewables and green solutions.
 

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