Keppel T&T third-quarter net profit rose 4% to $14.1m

Revenue much higher but operating margins tanked.

Keppel Telecommunications & Transportation announced that Group revenue in the third quarter at $40.4 million was 18% higher compared to the corresponding quarter in 2012 due mainly to higher revenue from Data Centre and Logistics Divisions.

Operating profit at $5.1 million decreased 11% due mainly to lower contribution from logistics operations, partly offset by higher contribution from data centre operations.

Profit before taxation at $18.9 million increased 5% due to higher contributions from associated companies, partly offset by lower operating profit and higher interest expense.

After taking into account taxation and non-controlling interests, the Group’s net profit attributable to shareholders improved 4% to $14.1 million.

In the nine months to date, the Group’s revenue increased 14% to $117.0 million compared to the corresponding period in 2012 due mainly to higher revenue from Data Centre and Logistics Divisions.

Operating profit at $20.6 million improved 9% due mainly to better performance from Data Centre Division and logistics operations in Southeast Asia and higher sundry income.

Profit before taxation increased 9% to $60.5 million due mainly to higher operating profit and contributions from associated companies, partly offset by higher interest expense.

After taking into account taxation and non-controlling interests, the Group’s net profit attributable to shareholders increased 8% to $45.5 million.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia