1H 2015 Net Profit up 2% to S$757 million, compared to 1H 2014's S$745 million.
Earnings per Share was 41.7 cents, up 2% from 1H 2014's 41.0 cents.
Annualised Return on Equity of 13.1%.
1H 2015 Economic Value Added decreased to S$225 million from S$412 million YoY.
Cash outflow of S$316 million.
Net gearing was 0.42x.
Interim cash dividend of 12.0 cents per share. (CW8888: Good that Kep Corp is still maintaining it)
CW8888: Based on Uncle8888's self tracking chart on Kep Corp's net orderbook we can see history repeating itself as in 2008 to 2009; but this time it is going to be more serious and will last much longer than in 2008 - 2009.
Will the other two divisions continue to mitigate the fall in O&M division?
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Speaking at its half-year results briefing on Thursday, Keppel Corp ceo Loh Chin Hua said that there were “only three rigs ordered this year”.
ReplyDeleteLoh said the orders consisted of “one in a closed market in the Middle East” and two placed in China by a related party.
In April Lamprell bagged the year’s first jack-up rig order from National Drilling Company (NDC) Abu Dhabi. In June CSSC Huangpu Wenchong Shipbuilding Company won an order to build a pair of jack-up drilling rigs for Alliance Offshore Drilling (AOD), subsidiary of TSC Group.