Sembcorp Marine bleeds red ink for third consecutive year but losses narrow

Contractor avoids being placed on SGX watchlist thanks to its market cap

In the yard: a Sembcorp Marine fabrication facility in Singapore.
In the yard: a Sembcorp Marine fabrication facility in Singapore.Photo: REUTERS/SCANPIX
Published 6 April 2023, 11:09Updated 12 April 2023, 11:42