Keppel T&T Q3 net profit down 12% on higher operating costs
Singapore
KEPPEL Telecommunications & Transportation (T&T) on Tuesday reported a third quarter net profit of S$11.8 million, 12 per cent lower than the S$13.5 million recorded last year.
The data centre operator said that the decrease was due mainly to higher operating costs, as well as the absence of gain from the partial disposal of a data centre, Keppel DC Singapore 4, in the third quarter of 2017.
