Keppel T&T Q4 earnings up more than five times on fair value gains
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FAIR value gains from the reclassification of an associated firm helped send earnings at Keppel Telecommunications & Transportation (Keppel T&T) up by more than five times during the fourth quarter.
The logistics and data centre firm on Wednesday posted a net profit of S$17.1 million for the three months ended Dec 31 - 456.4 per cent higher than the S$3.1 million from the same period a year earlier.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
