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Keppel Corp's Q3 profit falls 12.4%

Nine-month earnings dip 3.4%; results creditable given strong headwinds, says CEO Loh Chin Hua

Published Thu, Oct 22, 2015 · 09:50 PM

Singapore

KEPPEL Corporation's third-quarter net profit fell 12.4 per cent to S$362.9 million, from S$414.2 million a year ago, amid a challenging global environment.

The fall in profit attributable to equity-holders came on the back of a 23.4 per cent drop in revenue to S$2.44 billion for the three months ended Sept 30.

For the first nine months, net profit dipped 3.4 per…

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