Keppel T&T Q2 profit up 11.2%
Singapore
DATA centre and logistics provider Keppel Telecommunications & Transportation (Keppel T&T) on Tuesday reported a second-quarter increase in net profit of 11.2 per cent to S$15.88 million, from S$14.28 million a year ago.
The hike in profit attributable to shareholders for the three months ended June 30 came despite a 4.2 per cent decrease in revenue to S$49.13 million from S$51.28 million for the previous corresponding period.
During the second quarter, earnings per share (EPS) were up 11.5 per ce…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
General Motors beats quarterly results targets, raises forecast
Soilbuild bags contracts worth S$81 million
Spotify’s monthly user numbers miss estimates on lower promotions
China bubble-tea chain Chabaidao plunges on Hong Kong debut
Singapore stocks track Wall Street gains on Tuesday; STI up 1.5%