SINGAPORE (Feb 21): Sembcorp Industries posted losses of S$15 million for 4QFY2019 ended December, a reverse into the red from earnings of S$106 million reported for the corresponding quarter in the previous year.

This translates to a loss per share of 1.34 cents, compared to earnings per share of 5.42 cents a year ago.

This brings the group’s FY2019 earnings to S$247 million, some 29% lower than FY2018 earnings of S$347 million.