In Singapore, Sembcorp Industries released its financial results for the second half and full year of 2025, revealing a 5% decline in net profit, which dropped to $448 million from the previous year's $473 million. This decrease in profit can be attributed to lower earnings from the gas and related services sector, which faced challenges such as decreased contributions from British operations and reduced profitability in Singapore. Despite these challenges, Sembcorp's renewables and urban solutions divisions showed strong performance, illustrative of the company’s diversified portfolio. Overall, its full-year net profit for 2025 also saw a drop of 3%, totaling $984 million compared to $1 billion in 2024. However, Sembcorp’s leadership remains optimistic, viewing opportunities associated with the rising demand for energy driven by artificial intelligence, specifically from the growth in data centers and technology hyperscalers. In a statement, group chief executive Wong Kim Yin highlighted the firm’s preparedness to capture additional energy demand driven by the tech industry, asserting that Sembcorp is strategically positioned to benefit from contracts with credible clients such as Micron Technology, which recently expanded its energy needs.