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Seatrium's Attributable Profit Balloons 158% in H1

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Seatrium's (SGX:5E2) profit attributable to owners surged 158% during the first half of the year to SG$372.9 million from SG$144.4 million a year earlier, according to a Friday filing with the Singapore Exchange.

Earnings per share rose to SG$0.1088 compared with SG$0.0423 in the year-ago period.

Revenue of the offshore marine and energy company edged up 4.7% year over year to SG$5.62 billion from SG$5.37 billion.

There was no dividend recommended for the reporting period ended June 30.

The group foresees its 2026 net profit significantly surpassing that of 2025.

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