SembCorp Industries

CFO Lim Joke Mui discusses the group''s borrowing strategy.

Are you satisfied with your third quarter results

Yes, we’re happy with our results for the 3Q 2003 and for the Year-to-date results for the nine months. This is because our growth has come from the strong operating performance of our core businesses, especially utilities, logistics and environmental engineering.  Also, we managed to divest some of our more difficult non-core assets such as Cathay International Water and our loss-making building materials group of companies and realise a net gain of nearly S$93m.

Stripping out the exceptional items, your quarter-on-quarter numbers are slightly down.

What strategies do you have to improve growth in your core business lines

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