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.