Seatrium Limited ( (SMBMF) ) has released its Q2 earnings. Here is a breakdown of the information Seatrium Limited presented to its investors.
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Seatrium Limited is a Singapore-based company that provides innovative engineering solutions to the global offshore, marine, and energy industries, with a focus on sustainable solutions for energy transition and maritime decarbonisation.
In its latest earnings report for the first half of 2025, Seatrium Limited announced a significant increase in net profit, reaching S$144 million, up from S$36 million in the same period the previous year. The company also reported a 34% rise in revenue to S$5.4 billion, driven by strong execution of its robust order book.
Key financial highlights include an improved gross margin of 7.4%, up from 3.7% the previous year, and an EBITDA increase to S$407 million. Seatrium’s net order book stands at S$18.6 billion, with a substantial portion dedicated to renewables and cleaner solutions. The company successfully delivered two FPSO projects and completed 101 repairs and upgrades, showcasing its capabilities in both oil and gas and offshore wind sectors.
Seatrium’s strategic focus on offshore wind and maritime decarbonisation is evident in its ongoing projects and collaborations. The company is actively engaging with partners in Europe and Asia Pacific to support energy transition goals, and it continues to secure new contracts in the maritime sector.
Looking ahead, Seatrium is well-positioned to capitalize on long-term energy demand growth, with a diversified portfolio and a commitment to execution excellence and cost efficiency. The company remains focused on achieving its 2028 financial targets and delivering long-term value to stakeholders.