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Revisions

Divided opinion on Keppel shows performance at key inflexion point

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Divided opinion on Keppel shows performance at key inflexion point

PC Lee Published on Fri, Oct 19, 2018 / 11:11 AM GMT+8

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SINGAPORE (Oct 19): Keppel Corporation last night reported a 19.9% drop in 3Q18 revenue to $1.3 billion and a 14.9% drop in earnings to $225.7 million.

More importantly, after three consecutive quarters of net losses, the Offshore & Marine division turned in a $1.5 million net profit in 3Q18.

See: Keppel reports 15% lower 3Q earnings of $226 mil on lower contributions from investments and property divisions

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