luv2trade
2023-03-05
I am bullish on $SEMBCORP MARINE LTD(S51.SI)$. The company reported a net loss of S$118.3 million for the second half of 2022, significantly narrower than the loss of S$523.3 million posted for the same period in 2021. It turned Ebitda-positive (earnings before interest, taxes, depreciation and amortisation) in H2. The company had also trimmed its loss for the full 2022 to S$261.1 million from about S$1.2 billion in 2021.
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