SINGAPORE: Keppel Telecoms and Transportation has reported a 14 per cent rise in first quarter net profit.
Earnings came in at $12.2 million dollars, compared with $10.7 million in the year-ago period.
But turnover fell about 11 per cent to $21.5 million.
Its associate, MobileOne was the main earnings driver, contributing more than 60 per cent of pre-tax profits.
Going forward, Keppel T&T says it will intensify its efforts to diversity into non-port logistics activities to generate earnings growth
Earnings came in at $12.2 million dollars, compared with $10.7 million in the year-ago period.
But turnover fell about 11 per cent to $21.5 million.
Its associate, MobileOne was the main earnings driver, contributing more than 60 per cent of pre-tax profits.
Going forward, Keppel T&T says it will intensify its efforts to diversity into non-port logistics activities to generate earnings growth
No comments:
Post a Comment