Seatrium Ltd
5E2: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Sq | LOCK|^l | LOCK|&$S&%#$ |
Seatrium Earnings: Margins Improve as Focus Remains on Order Wins; Valuation Raised 4%
Seatrium's first-half revenue grew 4.7% year on year to SGD 5.6 billion, while net profit rose 158% to SGD 373 million. Excluding divestment gains, net profit increased 54% to SGD 212 million. The company's SGD 13.3 billion net order book comprises 24 projects scheduled for delivery through 2033.
