Sembcorp Industries 1H25 earnings and dividend highlights
SCI has announced its earnings for first half of 2025. Key highlights include: 1H 2025 underlying net profit of SGD 491 million, unchanged from the previous year1H 2025 reported net profit of SGD 536 million, a decline of 1% year-on-year1H 2025 revenue of SGD 2,942 million, a decline of 8% year-on-yearInterim dividend of 9.0 cents per share for 1H 2025, an increase from 6.0 cents per share for 1H 2024 Source: SCI SCI reported comparable underlying net profit for 1H 2025 of SGD 491 million. This was below average analyst expectation for profit to be at SGD 550 million. Reported net profit declined 1% year-over-year to SGD 536 million, due to foreign exchange losses as a result of stronger SGD against currencies of operations. What is driving the weakness in underlying net profit? According to the company, this was due to:…
