Keppel Q4 net up 9% as marine stays robust

KEPPEL Corp posted a 9 per cent year on year rise in fourth-quarter net profit to $332 million with its offshore & marine division leading growth, and despite the ballooning of losses at its infrastructure division to $111 million.

The figures for the three months ended Dec 31, 2013, exclude revaluation, major impairment and divestments.

G…