SUBSCRIBERS

Keppel Corp Q2 net profit up 44% from property, infrastructure boost

Property and infrastructure divisions lead the earnings charge, surging 132% and 60%

Published Thu, Jul 19, 2018 · 09:50 PM

Singapore

MULTI-BUSINESS listed conglomerate, Keppel Corporation posted a 44 per cent increase in second quarter net profit to S$246.16 million, bolstered by stronger property and infrastructure earnings that offset losses from the other divisions.

Earnings per share for the three months ended June 30, 2018, was 13.6 Singapore cents, higher compared to 9.4 Singapore cents for a year-ago period.

Copyright SPH Media. All rights reserved.