In This Article:
Sembcorp Industries (SGX:U96) Full Year 2024 Results
Key Financial Results
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Revenue: S$6.42b (down 8.9% from FY 2023).
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Net income: S$1.02b (flat on FY 2023).
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Profit margin: 16% (up from 14% in FY 2023). The increase in margin was driven by lower expenses.
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EPS: S$0.57 (in line with FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sembcorp Industries EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 4.9%. Earnings per share (EPS) exceeded analyst estimates by 3.3%.
Looking ahead, revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Integrated Utilities industry in Asia.
Performance of the market in Singapore.
The company's shares are up 2.8% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Sembcorp Industries (1 is potentially serious) you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.