Singapore's Sembcorp Industries posts slight drop in annual profit

Sembcorp Industries

24/02/2026 23:16

Feb 25 (Reuters) - Singapore's Sembcorp Industries SCIL.SI posted a marginal drop in annual profit on Wednesday, as strong performance from its renewables and urban solutions divisions was limited by lower earnings from its Gas and Related Services segment.

The utility company reported underlying net profit of S$1.00 billion ($789.45 million) for the year ended December 31, compared with S$1.01 billion a year ago.

($1 = 1.2667 Singapore dollars)

 (Reporting by Nichiket Sunil and Keshav Singh Chundawat in Bengaluru; Editing by Alan Barona)

 ((Keshav.SinghChundawat@thomsonreuters.com; Nichiket.Sunil@thomsonreuters.com))