As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Thursday, 18 July 2013

Kep Corp: 2Q & 1H 2013 REPORT CARD

1. 1H 2013 net profit decreased 47% to S$677 million, compared to 1H 2012's S$1,272 million.

2. Earnings per Share of 37.5 cents, down 47% from 1H 2012's 71.0 cents.

3. Annualised Return on Equity of 14.5%.

4. Economic Value Added decreased from S$1,052 million to S$377 million.

5. Cash outflow of S$1,441 million.

6. Net gearing of 0.33x.

7. Interim dividend of 20.8 cents per share.

Note: The financials exclude revaluation, major impairment and divestments.

Address by Mr Choo Chiau Beng, Chief Executive Officer

17 We aim to develop more winning designs by working closely with the end-users of our products. I am pleased that our FLNG FEED study for Golar will be completed in 3Q2013, while our ice-class jackup design with ConocoPhillips will be ready at the end of the year.

18 Finally, after rounds of inputs from customers and oil companies, we have developed what we believe to be a compelling drillship solution for the market. We will be working hard in the year ahead to commercialise this new design.

(CW8888: Hitting back the Korean yards at their drillships???)


Net Margin still stable at 13%

No comments:

Post a comment

Related Posts with Thumbnails