Seatrium Ltd (SMBMF) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and welcome to Citrum's first half 2025 results briefing. I'm Winston Cheng from the Investor Relations and Corporate Communications team. With me today is our Chief Executive Officer, Mr. Chris Ong, and our Chief Financial Officer, Dr. Stephen Liu. We'll kick off today's briefing with the CEO's address, followed by the CFO's financial review, and end with the CEO's take on priorities and outlook for the company. At the conclusion of the briefing, we will have ample time for questions and answers. And with that, let me turn the presentation over to Mr Chris Ong. Good morning and thank you for joining us today for Citrum Group's first half 2025 results briefing. Before we dive into the numbers, let me take a moment to reflect on the broader industry landscape. The first half of 2025 has tested the resilience of global markets. Trade tensions and geopolitical uncertainties have postponed investment decisions, creating headwinds across maritime trade and in offshore development. Yet, amid these challenges, there are reasons for cautious optimism. The oil and gas sector remains active, and while offshore wind currently faces headwinds, there is continued momentum in Asia-Pacific and Europe. Crucially, CETRIM continues to benefit from a diversified and resilient order book that extends through to 2031. This breadth across geographies and segments not only strengthens our revenue visibility, but also helps buffer the impact of short-term volatility. As we navigate this evolving environment, Our path towards our 2028 targets is guided by a purposeful set of strategic priorities. Delivering operational excellence, steadfast financial discipline, deepening customer partnerships, and positioning CITREM for sustainable long-term growth. Our first half performance r...