Keppel Corp Q4 net profit up on better showing from most divisions
Singapore
MAINBOARD-LISTED conglomerate Keppel Corporation reported 41.5 per cent higher net earnings at S$191.4 million for the fourth quarter ended December, bolstered by stronger performance from offshore and marine (O&M), property and investments divisions.
The higher bottom line was a result of narrower losses at O&M business, marginally better showing by the property division and returning to profitability at the investments segment in the period.
Correspondingly, Keppel Corp's earnings per share rose to 10.5 Singapore …
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