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KepLand's Q4 profit boosted by one-off gain

Stronger property trading business sends its turnover up 7.2% for quarter
Thursday, January 23, 2014 - 06:00

Good show: Mr Ang (left; with CFO Lim Kei Hin) said Keppel Land's 2013 full-year results were 'creditable' after a challenging year.

PROPERTY group Keppel Land booked a net profit of $567.3 million for the fourth quarter, primarily on a one-off gain from the divestment of its stake in an Indonesian project. The profit attributable to shareholders for the three months ended Dec 31 last year was up 7.6 per cent year-on-year,

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