Keppel Corp’s Q3 profit down 12%, Companies & Markets News & Top Stories – The Straits Times

http://www.straitstimes.com/business/companies-markets/keppel-corps-q3-profit-down-12

Net profit for the three months to Sept 30 dipped 12.4 per cent to $363 million, compared with the same period a year earlier, it said yesterday.

Revenue slid 23.4 per cent to $2.44 billion owing to lower contributions across all business units except its property business.

Despite the challenging global economic environment, as well as a slowdown in Singapore, chief executive Loh Chin Hua felt that the group’s results are “creditable”.

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