Seatrium’s net order book at S$20 billion year-to-date
Seatrium’s net order book stands at over S$20 billion for the year-to-date following multiple project wins, said the company in its first quarter business update on Friday (May 12).
Projects under execution make up about S$19.9 billion of its net order book, while ongoing repairs and upgrades projects contribute to the remaining, said Seatrium.
The group also recorded higher overall cash balance, following the completion of the combination with Keppel Offshore & Marine, as well as improvement in operating cash flows from the completion and deliveries of key projects.
“With a combined order book of over S$20 billion with completions scheduled from 2023 to 2030, the group remains focused on executing well on all its existing projects,” it added.
“The completion of the projects will contribute positively to the group’s financial performance.”
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功名利禄 过眼云烟 : It may take 23 b to complete all of the tasks
Zetariel : Has such high value order book also no use . Doesn’t translate into real value now. For believers , just keep for longer term . Will translate into real value in the future . Just like Sembcorp . Year 2020 it was less than a dollar . Seatrium will have its moments .
Apoh Zetariel: