$SEMBCORP MARINE LTD(S51.SI)$Here is why it's going up today:
[business times] Sembmarine: SEMBCORP Marine is expecting a “significantly better” financial performance for its upcoming half-year results due to new contract and order developments as well as an improving industry outlook.
This was stated by the marine and offshore engineering group in its Q1 interim business update on Wednesday (May 18), where it said 6 of 12 projects scheduled for delivery in FY2022 have been completed in the year to date (YTD).
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