Singapore’s two shipyard groups are expected to report very different results for the financial year, according to analysts.
Keppel Corp, which is due to report later this week, will reveal a second half net profit of SGD 459m ($341m), according to CGS CIMB Research analyst Siew Khee Lim.
She said this would represent a 53% half-on-half increase compared to a year ago as the company benefits from divestment gains of SGD 396m
Lim also anticipates a stronger final dividend of between SGD 0.16
