Sembcorp H2 profit up 54% to S$358 million

Earnings per share for the energy company also rose 54 per cent to 20.09 Singapore cents for H2 2022, from 13.06 Singapore cents for H2 2021.

Sembcorp’s H2 turnover grew 3 per cent to S$3.9 billion, from S$3.8 billion.

The company has proposed to pay out a final dividend of S$0.04 per ordinary share and a special dividend of the same amount. This is two times the amount declared for the same period last year. It is, however, pending approval at the next annual general meeting, which will be held on Apr 20.

If approved, the dividends will be paid on May 8, after record date on Apr 27.