Seatrium Reports 106% Increase in Full-Year Profit to S$324M Driven by Oil and Gas, Offshore Wind Growth
WIND ENERGY
Seatrium's net profit for FY2025 reached S$324 million, a 106% increase from S$157 million in FY2024. The rise was attributed to stronger margins, revenue growth in oil and gas and offshore wind segments, and lower finance costs.
The company plans a final cash dividend of S$0.03 per share. Seatrium's total revenue grew by 24% to S$11.5 billion, driven primarily by oil and gas projects, especially for Petrobras, and offshore wind initiatives for TenneT. The company is pursuing S$32 billion in pipeline deals over the next two years.

Feb 27, 2026, 6:00 AM