- Net income for Sembcorp Industries in the first half of 2024: S$540 million, up 1.9% year-on-year.
- Sales for the same period: S$3.21 billion, down 12% year-on-year.
- Gross profit: S$727 million, representing a 13% decrease year-on-year.
- Higher earnings expected in the Gas and Related Services segment in the second half of the year compared to the first half.
- Earnings in the Renewables segment expected to be lower in the second half due to seasonality but partially offset by new project contributions.
- Outlook for the Integrated Urban Solutions segment is expected to remain stable.
- Full year net profit before exceptional items expected to be fairly stable, barring unforeseen circumstances.
- Current analyst recommendations: 11 buys, 1 hold, 0 sells.
A look at Sembcorp Industries Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores for Sembcorp Industries, the company has a strong long-term outlook. With a high score in Growth, Sembcorp Industries is positioned to excel in expanding its operations and increasing its market presence over time. This indicates the company’s ability to capitalize on growth opportunities and navigate future market dynamics effectively.
While Sembcorp Industries has notable scores in Dividend and Momentum, indicating steady dividend payouts and positive stock price trends respectively, there is room for improvement in Value and Resilience. These scores suggest that the company may need to focus on enhancing its overall value proposition and resilience to market fluctuations to secure its long-term sustainability and competitiveness in the industry.
### Summary: Sembcorp Industries Ltd provides utilities and integrated services for industrial sites, including power, gas, steam, water, wastewater treatment, and other on-site services. The Company’s diverse businesses also encompass marine & offshore engineering and urban development, including industrial parks, and business, commercial, and residential spaces. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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