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Keppel posts 30% rise in 3Q earnings to $292 mil; announces new urban solutions unit

Michelle Zhu
Michelle Zhu • 3 min read
Keppel posts 30% rise in 3Q earnings to $292 mil; announces new urban solutions unit
SINGAPORE (Oct 19): Keppel Corporation has announced earnings of $291.8 million for the 3Q17 ended Sept, up 30% from $224.5 million in 3Q16.
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SINGAPORE (Oct 19): Keppel Corporation has announced earnings of $291.8 million for the 3Q17 ended Sept, up 30% from $224.5 million in 3Q16.

This came on the back of higher profits from the group’s China and Vietnam property trading, power & gas and asset management businesses, as well as the sale of investments.

Revenue for the quarter grew 11% to $1.6 billion compared to $1.5 billion a year ago.

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