![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiVehuz9rt2Zii5dA6NnnmzFg2ofaTzL2anZMC5ZfkIra429Q-RZwtXO6_sdn2Y85FdlngRt8-MlIWUTdoD6LxVQxtRTcNdzsR2L5KIAH521vnS-4ATNcT2yS58k0MBEOaFvWkIiTXTpOU/s400/sembcorp-marine.png)
SembCorp Marine (SMM SP): The world’s second-biggest builder of
oil rigs will announce fourth-quarter earnings tomorrow. The company is expected to report net income of $171 million, according to the average estimate of four analysts compiled by Bloomberg. That compares with $297 million a year ago.
The shares declined 2.4% to $5.21.
SembCorp Industries (SCI SP): The Singapore-based conglomerate that gets about 37% of revenue from utilities said it awarded to units of Alstom SA a $900 million contract for the construction of its second co-generation electricity-generating facility on Jurong Island, the city’s petrochemical hub. The stock slipped 1.2% to $4.83.