Income for FY2024 grew 27 per cent to SG$9.2 billion (US$6.9 billion), up from SG$7.3 billion (US$5.5 billion) a yr in the past. Turnover was primarily pushed by robust undertaking execution and elevated enterprise exercise in repairs and upgrades.
Throughout the yr, Seatrium continued to implement its price optimisation and restructuring initiatives. Pushed by income progress, diminished overheads, and divestment of non-core belongings, EBITDA rose to SG$627 million (US$469 million) for FY2024 from SG$236 million (US$177 million) for FY2023.
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