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26 Feb 2026
Seatrium doubles FY2025 earnings to $324 mil on higher revenue and better margins
Summary
Seatrium doubled its FY2025 earnings to $324 million, driven by a 24% revenue increase from oil and gas and offshore wind projects. The company improved its gross margin to 7.4% and plans to double its dividend payout and renew its share buyback mandate. With a strong order book and pipeline of opportunities, Seatrium is positioned for long-term growth.