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Keppel T&T's Q4 profit down in absence of asset divestment gain

Ignoring asset divestment, Q4 earnings are S$32.5m higher at S$44.5m

Published Tue, Jan 19, 2016 · 09:50 PM

Singapore

DATA-CENTRE and logistics provider Keppel Telecommunications & Transportation (Keppel T&T) on Tuesday reported a 77.6 per cent drop to S$44.51 million in fourth-quarter profit attributable to shareholders, from Q4 FY2014's S$198.39 million, which included a sizeable contribution from the divestment of assets.

The absence of the prior year's divestment gains, which r…

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