Keppel Corporation posted their full year earning report in summary below. 4Q earnings decline 44% to $405 million from $726 million a year ago, as more than half of project deliveries it had planned for 2015 were pushed back to this year.
- Net Profit fall of 44% for 4Q 2015 to $405 million
- Net Profit fall of 19% for Full Year 2015 to $1.525 billion
- Earnings per Share fall 19% to 84 cents
- Annualised Return on Equity of 14.2%
- Economic Value Added decreased to $648 million
- Cash outflow of $694 million
- Net gearing was 0.53x
- Total cash dividends of 34 cents per share for FY 2015
Keppel Corporation faces a challenging environment in the coming FY 2016 on
- Falling oil prices
- Uneven recovery in major economies
- Chinese property market improving despite slowing economy
- Political and economic crises in Brazil
Keppel Corporation responding on how to handle the ......
