{
  "id": 720279,
  "title": "Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs",
  "url": "https://urgent.news/2026/08/13/sembcorp-raises-interim-dividend-despite-72-h1-profit-slide-to-s-150",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T00:46:32.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/sembcorp-raises-interim-dividend-despite-72-h1-profit-slide-s150-million-alinta-deal-costs"
  },
  "original_language": "en",
  "account": "Sembcorp Industries declared an interim dividend of S$0.11 per share, marking a 22% increase from S$0.09 in the previous six months. This decision comes despite a significant 72% drop in profit for the first half of 2026, which fell to S$150 million from S$536 million a year earlier. The decline was mainly due to costs associated with the acquisition of Australian energy provider Alinta, which totaled S$155 million. Excluding exceptional items and certain other factors, underlying net profit for H1 2026 fell by 25% to S$369 million, down from S$491 million in the corresponding period a year ago. However, Sembcorp remains confident in its future performance and is committed to delivering sustainable returns to shareholders. Group turnover rose by 28% to S$3.77 billion, driven by higher energy prices in Singapore and the consolidation of Alinta's revenue.",
  "summary": "Company declares interim dividend of S$0.11 a share, up 22%",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Straits Times Business",
        "title": "Sembcorp lifts interim dividend to 11 cents on stronger second-half outlook",
        "url": "https://urgent.news/2026/08/13/sembcorp-lifts-interim-dividend-to-11-cents-on-stronger-second-half",
        "published": "2026-08-13T02:52:30.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}