SUBSCRIBERS
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
Published Thu, Jan 27, 2022 · 09:50 PM
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
