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Keppel's Q1 profit falls 42%

Revenue from offshore and marine division drops 58% to S$818m
Tuesday, April 19, 2016 - 05:50

Singapore

NET profit for Keppel Corporation slumped 42 per cent to S$210.6 million for the first quarter, on the back of a 38 per cent fall in revenue.

Its topline dropped to S$1.74 billion from S$2.81 billion, as higher revenue from the property division only partially offset

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