Seatrium shares jump over 5% after upbeat profit guidance

Marine and offshore specialist Seatrium Ltd saw its shares rise between 4.7% and 5.6% on July 27 after the company issued positive profit guidance for the first half of its fiscal year. The guidance projects a material year‑on‑year improvement in net profit, driven primarily by gains from recent divestments and ongoing margin enhancements. Seatrium will release its half‑year results on July 31.

Citi analyst Luis Hilado noted that the guidance mirrors the company’s 2026 fiscal outlook provided in its May update, emphasizing cost‑structure optimisation and strategic asset sales. The analyst estimated that Seatrium could record about S$155 million of gains from the disposal of its tugboat fleet, floating dock, Karimun Yard and Crescent Yard in the first half. The company previously reported a 48.3% profit increase for the second half of 2025 and has identified more than S$28 billion of project opportunities over the next two years as the Middle East conflict fuels a global energy race.