Offshore sector drives Keppel profit up 17.1%
Q2 earnings hit S$406m despite fall in infrastructure and property revenue
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
ANCHORED by its offshore & marine (O&M) segment, Keppel Group achieved a 17.1 per cent jump in second-quarter net profit to S$406 million, from S$347 million a year ago.
Revenue for the three months ended June 30 was S$3.18 billion, S$101 million or 3.3 per cent up from $3.08 billion.
Earnings per share for the quarter was 22.3 Singapore cents, up 16.1 per cent.
Copyright SPH Media. All rights reserved.
TRENDING NOW
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Beijing’s calculated silence on the Iran war
DPM Gan warns of 3 structural shifts to the global system that will bring greater challenges – and opportunities
