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Keppel Corp Q1 profit up 34% buoyed by property division
Group's multi-business strategy has enabled it to deliver "creditable results amid the volatile environment"
Published Thu, Apr 19, 2018 · 09:50 PM
Singapore
UNDERPINNED by its property business, Keppel Corporation's net profit for the first quarter ended March 31 jumped 33.7 per cent to S$337.5 million.
Group revenue also improved by 17.8 per cent to S$1.47 billion, bolstered by stronger revenues from property and infrastructure divisions, which mitigated the impact of lower work volume in the offshore and marine (O&M) division.
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