SUBSCRIBERS
Keppel T&T's Q1 profit down 13.1%, revenue slips 15.6%
Published Tue, Apr 18, 2017 · 09:50 PM
Singapore
LOWER revenue from both Logistics and Data Centre divisions of Keppel Telecommunications & Transportation (Keppel T&T) resulted in a 13.1 per cent drop in the group's first-quarter net profit to S$11.57 million, from S$13.31 million in the year-ago period.
This came on the back of a 15.6 per cent drop in revenue to S$40.72 million for the quarter ended March 31, 2017, from S$48.27 million one year ago.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results