Seatrium 1H FY26 net profit more than doubles to S$373 million; revenue rises 4.7% to S$5.6 billion
Reuters2026/07/31 00:00- Seatrium posted 1H2026 net profit of S$373 million, more than doubled from a year earlier.
- Revenue rose 4.7% to S$5.6 billion; gross margin widened 1.2 percentage points to 8.6%.
- Net profit excluding divestment gains climbed 54% to S$212 million; EBITDA excluding divestment gains increased 20% to S$479 million.
- Net order book stood at S$13.3 billion with deliveries through to 2033; over 95% comprised Series Build projects.
- Sees FY2026 net profit materially higher than FY2025; CEO Chris Ong expects FID momentum to accelerate in subsequent quarters.
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