The Business Times
business-time-50

Keppel: Industry fundamentals still strong

Q3 profit falls 9.5% to S$414m; O&M segment helps offset lower contribution from property division

google-preferred-sourceAdd BT as a preferred source
Published Tue, Oct 21, 2014 · 09:50 PM
    Keppel Corp

    Singapore

    KEPPEL Corporation remains upbeat about its offshore and marine (O&M) business despite falling oil prices and oversupply in the jack-up market.

    With sound fundamentals and a strong order book, Keppel is optimistic that demand for oil and jack-ups will remain strong in the longer-term even though falling oil prices have had a negative impact on the group's share price recently.

    TRENDING NOW

    The cash payout will depend on the recipient’s assessable income for the year of assessment 2025 and the annual value of their place of residence.

    Eligible Singaporeans to receive up to S$850 in GSTV cash, up to S$450 in MediSave top-ups in August

    Hao Mart has been grappling with widening losses and a shrinking store network.

    Supermarket and minimart chain Hao Mart faces fifth High Court lawsuit

    DBS shares rise 1.6% to close on a high of S$70.23 on Thursday.

    DBS, OCBC, UOB push STI to new highs as institutions pile in ahead of earnings

    Koh Boon Hwee says humans have accepted that robots can take over the most repetitive, manual tasks, but are nervous about AI, which can also think.

    With AI, it’s not about coding better; workers need to think better: Koh Boon Hwee

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More