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Brokers' take
Published Mon, Apr 22, 2019 · 09:50 PM
Keppel Corporation | Buy (maintained) April 22 close: S$6.90 Fair value: S$7.83 OCBC Investment Research, April 22
Keppel Corporation saw a 4.1 per cent year-on-year (yoy) increase in revenue to S$1.5 billion but registered a 39.9 per cent drop in net profit to S$202.9 million in the first quarter.
The latter accounted for 24 per cent and 21 per cent of ours and the street's full-year forecasts, respectively.
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