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Keppel's Q2 profit falls 48.1% to S$205.8m

Group says Asia's resilient urbanisation trend offers silver lining; recurring income plays stabiliser role

THE winter in the oil & marine (O&M) sector may be harsh but it will not last forever, Keppel Corporation said on Thursday as it posted a 48.1 per cent fall in net profit to S$205.8 million for the second quarter.

The three months ended June 30 have been tough, said Keppel, but...

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