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Analysts divided even as Keppel climbs to highest quarterly earnings in recent years

Stanislaus Jude Chan
Stanislaus Jude Chan4/20/2018 04:09 PM GMT+08  • 4 min read
Analysts divided even as Keppel climbs to highest quarterly earnings in recent years
SINGAPORE (Apr 20): Keppel Corporation saw its earnings jump 33.7% year-on-year to $337.5 million for the 1Q ended March – the highest level achieved in nine quarters since 4Q15. But is the worst over for the conglomerate?
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SINGAPORE (Apr 20): Keppel Corporation saw its earnings jump 33.7% year-on-year to $337.5 million for the 1Q ended March – the highest level achieved in nine quarters since 4Q15. But is the worst over for the conglomerate?


See: Keppel's 1Q earnings up 34% to $337.5 mil on divestment gain and higher revenue

Keppel Corp’s stellar 1Q18 results comes fresh off a net loss of $495 million in the preceding quarter ended December 2017, which was mainly due to a one-off $619 million financial penalty arising from a global resolution with authorities in the US, Brazil, and Singapore.

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