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play. 19 Jul 2018 – 18:35
STRONGER Revenue from its real estate and infrastructure divisions boost Keppel Corporation's results in the second quarter, which also announced an interim dividend of 10 cents per share for the first half of the year year, plus a special dividend of five cents per share to celebrate the fiftieth anniversary of the company.
This compared to the eight cents per share that she paid for the first half of 2017.
The conglomerate's net profit jumped 44.4 percent to $ 246.2 million from Singapore's the year before. For the quarter ended June 30, the turnover was down 2% to $ 1.52 billion from the previous year.
The decline in the turnover is mainly due to the decline in revenues of the real estate division. This decrease is partially offset by higher sales in its Offshore & Marine and Infrastructure divisions.
Earnings per share rose to 13.6 cents in Singapore from 9.4 cents in Singapore a year ago. . The net asset value per share rose to S $ 6.43 on June 30 from S $ 6.29 six months ago.
Keppel Corp closed Thursday at $ 0.11, or 1.6 percent, at $ 6.96 Singapore.
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