Seatrium First-Half Profit Soars 301% to $144 Million on Strong Order Book but Shares Fall

Seatrium first-half profit soars 301% to $144 million on strong order book but shares fall

Revenue for the first half grew 34%, while its net order book stood at $18.6 billion at the end of June. Read more at straitstimes.com.

Windtech International - Seatrium offshore wind progress in first half of 2025

Seatrium reported a net profit of 144 million Singapore dollars for the first six months of 2025, compared with 36 million Singapore dollars in the same period of 2024. Revenue increased by 34 percent to 5.4 billion Singapore dollars, while gross margin improved to 7.4 percent from 3.7 percent.

Seatrium shakes off Brazilian scandal to post 301% surge in profit

Company has already made provision for its $188m penalty to Brazilian and Singapore authorities