Star in the Sky
11-11

$Seatrium Ltd(5E2.SI)$  

STM 3QFY2024 business update:  

Order book of $24.4 billion as at Sept.

Repairs and upgrades segment continued to do well in the 3QFY2024. During the 9 month period, Seatrium completed 192 repairs & upgrades projects.

Seatrium announced that it signed a letter of intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000 ton fully-revolving heavy lift v (HLV) vessel project for the Japan wind market. 

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Comments

  • popoz
    11-11
    popoz
    it's delivering alot on the legacy projects which are likely not as profitable. new order booking will help with shareprice
  • ee244c
    11-11
    ee244c
    Nothing great , wait for another quarter reporting
  • SolidSnake
    11-11
    SolidSnake
    Maybe sell on news. I do see seatrium price stabilizing.
  • Boybabyrage
    11-11
    Boybabyrage
    Solid report = stock dropping haha
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