More time needed for Seatrium to sail back to profitability: analysts

More time needed for Seatrium to sail back to profitability: analysts

April 24, 2024 / Riah Marton /


WHILE strong demand and tight supply have buoyed Singapore-listed maritime players in general, analysts believe it could take some time for offshore and marine giant Seatrium to recover its profitability.

Maybank analyst Jarick Seet pointed out that Seatrium – which was formed after the consolidation of Sembcorp Marine and Keppel Offshore and Marine – has been winning more contracts recently.

However, he noted that the c…

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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