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Keppel posts 6-year high FY21 profit of S$1b, unveils S$500m share buyback programme

CEO Loh says the group's asset monetisation activities will not be 'one-off' in nature, but will be a consistent feature of its business model

Uma Devi

Uma Devi

Published Fri, Jan 28, 2022 · 05:50 AM
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Singapore

KEPPEL Corporation on Thursday (Jan 27) reported net profit of S$722.9 million for the second half of FY2021 ended December, up from S$31.3 million in the corresponding year-ago period.

This brought the group's profit for the full FY2021 to a 6-year high of S$1 billion, a reversal from a loss of S$505.9 million in FY2020.

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