Seatrium Ltd (SMBMF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, everyone. Thank you for joining us at CTRIM's full year 2025 results briefing. My name is Amelia and I take care of investor relations for CTRIM. This morning, we have with us our CEO, Mr Chris Ong, CFO, Dr Stephen Liu. Chris and Stephen will bring us through a short presentation before we open the floor to questions. Chris, please. Thank you, Amelia. Good morning and thank you for joining us today at CTRIM's full year 2025 results briefing. Before I start, I'd like to wish everybody a very happy and a healthy Lunar New Year. Good year ahead. I'm pleased to report a strong set of results in our second full year since merger with robust revenue growth driven by strong project progress and doubled the net profit that is an undeniable reflection of our laser-sharp focus on driving margin efficiencies and execution. For the first time, we have recorded a positive one-year total shareholder return of 5.2% as we strive to continue driving lasting value for all shareholders on strengthened fundamentals. Our strong performance also comes on the back of heightened geopolitical and macroeconomic uncertainties that companies around the world had to grapple with. Despite some delays in investment decisions in several markets in the first half of 2025, we still secured over $4 billion of new orders in FY 2025. This replenished our net order book that stands strongly at $17.8 billion as of 31 December 2025. Meanwhile, we are actively pursuing more than $32 billion in pipeline deals, which reflect sustained investments by our customers to meet growing energy demand that is fueled by technological advancements, including AI. Third, we are today stronger and leaner than before. We have spent the last few years transforming our business and cost model, the way we work an...