Keppel Corp’s stellar 1Q18 results comes fresh off a net loss of $495 million in the preceding quarter ended December 2017, which was mainly due to a one-off $619 million financial penalty arising from a global resolution with authorities in the US, Brazil, and Singapore.
SINGAPORE (Apr 20): Keppel Corporation saw its earnings jump 33.7% year-on-year to $337.5 million for the 1Q ended March – the highest level achieved in nine quarters since 4Q15. But is the worst over for the conglomerate?
