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Keppel Q4 net up 9% as marine stays robust

But losses at infrastructure division balloon to $110m in Q4

Mr Loh: 'We remain cautious (in our outlook) as the environment is still uncertain.' - PHOTO: ARTHUR LEE

KEPPEL Corp posted a 9 per cent year on year rise in fourth-quarter net profit to $332 million with its offshore & marine division leading growth, and despite the ballooning of losses at its infrastructure division to $111 million. The figures for the three months ended Dec 31, 2013, exclude