Revenue: S$9.23b (up 27% from FY 2023). Net income: S$156.8m (up from S$2.02b loss in FY 2023). Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was primarily driven by ...

Seatrium (SGX:5E2) has had a rough month with its share price down 19%. We, however decided to study the company's financials to determine if they have got anything to do with the price decline.

SINGAPORE – Offshore and marine firm Seatrium and one of its employees have been acquitted of charges related to the maintenance of a lifting device, from which a worker fell to his death in 2019.

In its FY2024, Seatrium managed to report a full-year profit - its first since 2017 Seatrium CEO Chris Ong has been given a handsome pay hike for leading the company's turnaround. According to its ...