Keppel H1 profit from continuing operations up 7% to S$513 million

KEPPEL posted a 7 per cent increase in net profit from continuing operations to S$513 million for the first half ended Jun 30, from S$481 million in the previous corresponding period.

This translates to an earnings per share from continuing operations of S$0.167, down from S$0.249 in the year before.

However, its net profit including discontinued operations for H1 was down 91.6 per cent on the year to S$304 million from S$3.6 billion, which included earnings from its now-discontinued offshore and marine operations.