![Sembcorp Marine - CIMB Research 2015-12-02: When it rains, it pours Sembcorp Marine - CIMB Research 2015-12-02: When it rains, it pours](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj6s_4bdWXqHOgxE1ZBcNsASXoaiYka2aEjFKzpGQg6n21cJeTgZ3D44vY6tPSGOAxfZgkmRisQ5OVVTG4O6C-bV1xDe1MYvjZcGYXV2J0iHIv-voEl0uUbrK3iMHE-n4ISDR3tegXUAHZD/s1600/sembcorp+marine+500.png)
Sembcorp Marine When it rains, it pours
- SMM has issued a profit warning that it will record a net loss in 4Q15 with a significant decline in net profit for FY15.
- It blames a challenging operating environment and customers deferring or seeking to defer their rig orders as the key culprits.
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