1. 2Q 2014 Net Profit up 17% to S$406 million, compared to 2Q 2013's S$347 million.
2. 1H 2014 Net Profit up 6% to S$745 million, compared to 1H 2013's S$704 million.
3. Earnings per Share of 41.0 cents, up 5% from 1H 2013's 39.0 cents.
4. Annualised Return on Equity of 14.3%.
5. 1H 2014 Economic Value Added decreased to S$341 million from S$404 million YoY.
6. Cash outflow of S$785 million.
7. Net gearing of 0.22x.
8. Interim cash dividend of 12.0 cents per share.
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Keppel said it is 70% complete with the first of three DSSTM38E semisubs that it is building for Sete Brasil, and are "progressing efficiently and on schedule" with the order. The second unit is 30% complete and is scheduled to depart Singapore for Brazil in the fourth quarter of this year, the company said.
ReplyDeleteBrazilian projects contributed nearly a fifth of the offshore and marine divisions revenue in the first half of 2014.