SUBSCRIBERS

Associate contributions bolster Keppel T&T's Q3 profit

Turnover up 17.9% on higher revenue from data centre and logistics units

Published Wed, Oct 16, 2013 · 10:00 PM
Share this article.

HIGHER contributions from associated firms pushed third-quarter profit for Keppel Telecommunications & Transportation (Keppel T&T) up 4.2 per cent to $14.1 million, the Keppel Corp unit said yesterday.

Revenue for the third quarter ended Sept 30, 2013, grew 17.9 per cent to $40.4 million from the same period a year ago. This, the company attributed to higher revenue from its data centre and logistics divisions.

Even so, Keppel T&T's operating profit fell 10.5 per cent to $5.1 million, …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here