Property powers Keppel Corp as offshore & marine wanes
Group is leaning on the strength of its multi-business portfolio as O&M rides out multi-year downturn
Singapore
KEPPEL Corporation has turned to other growth engines as its offshore and marine (O&M) division rides out a multi-year downturn.
The property division emerged the top contributor to full-year net profit with a 79 per cent share; infrastructure trailed at a distant second with 13 per cent, followed by O&M and investments each with 4 per cent.
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