Sembcorp Industries saw FY13 revenues rising 6% while net profit climbed 9% year on year.
Its Utilities core business delivers a steady performance compared to 2013, achieving 20% growth in net profit yoy. Other key performance round-up includes:
- Turnover at S$10.8B, up 6%
- Profit from Operations at $1.3B, up 4%
- Net Profit at $820M, up 9%
- EPS at 45.7 cents, up 8%
- ROE at 17.1%
- Dividends at 17 cents (including 2 cents special dividend)
Thoughts
When I purchased it last week, I expected the FY EPS to come in at least 45 cents/share. It actually exceeded my expectations a little bit. Having said that, I was expecting a little more performance from its utilities in the Q4, but at the end I guess i can't complain much if it is achieving a 20% growth year on year right.
The Group breaks their segment down into 4 categories, but the main segment (Read more...)
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