$Seatrium Ltd(5E2.SI)$ Seatrium returns to black in 1H2024 with underlying net profit of S$115 million ▪ 1H2024 results improved year-on-year to an underlying net profit1 of S$115 million, reflecting the strong focus on executing projects and improving margins ▪ 1H2024 underlying EBITDA1 increased over nine-fold to S$390 million, up from S$36 million for 1H2023 ▪ Secured decade-high net order book2 of S$26.1 billion with deliveries till 2031, providing a strong pipeline of future revenu

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  • is it a good thing?
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