Keppel Corp Q2 earnings fall 22%
Group exploring opportunities to re-purpose offshore technology for other uses, says CEO Loh Chin Hua
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WITH a quick recovery in the offshore and marine (O&M) sector not in sight, Keppel Corporation is scouring for "new toplines" under a multi-business strategy to make up for the sector's prolonged slump after reporting a 22 per cent drop in group net profit to S$160.28 million for the second quarter ended June 30, 2017.
This includes doubling the S$25 billion assets under management of Keppel Capital, the group's asset management arm, over the next five years.
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