(January 24 10:37) Sbr.com.sg
Submitted By:
Arianna Danganan
Case Study:
No
The increase was due to higher gains from its associated companies.
Keppel Telecommunications & Transportation (Keppel T&T) registered a 16.8% YoY increase in its net profit to $65.45m from $56.95m in 2017, an announcement revealed. Revenue also rose 3.5% YoY in 2018 to $183.22m from $176.99m.
In Q4 however, the firm saw its net profits drop 10.6% YoY to $18.21m from $20.37m for the same period in 2017, whilst revenue advanced 8% YoY to $47.2m from $43.68m.
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