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Offshore sector drives Keppel profit up 17.1%

Q2 earnings hit S$406m despite fall in infrastructure and property revenue

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ANCHORED by its offshore & marine (O&M) segment, Keppel Group achieved a 17.1 per cent jump in second-quarter net profit to S$406 million, from S$347 million a year ago - PHOTO: KEPPEL CORPORATION LIMITED

ANCHORED by its offshore & marine (O&M) segment, Keppel Group achieved a 17.1 per cent jump in second-quarter net profit to S$406 million, from S$347 million a year ago. Revenue for the three months ended June 30 was S$3.18 billion, S$101 million or 3.3 per cent up from $3.08 billion.

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