Keppel Corporation (Keppel Corp) says it has recorded a “slightly higher” net profit y-o-y for the 1QFY2021 ended March, but revealed no figures in its voluntary business update on April 22.

However, the group did reveal that all its key business units – with the exception of Keppel Offshore & Marine (Keppel O&M) – were profitable during the quarter.

That said, Keppel O&M’s performance improved q-o-q, as it returned to positive EBITDA for the 1QFY2021 due to improving margins and productivity.

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