KEPPEL CORPORATION LIMITED FOURTH QUARTER & FULL YEAR 2016 REPORT CARD

  1. FY 2016 net profit was S$784 million, down 49% from S$1,525 million for FY 2015, due largely to

  2. Lower contributions from the Offshore & Marine Division

  3. Additional provisions for impairment of S$336 million, mainly arising from rightsizing of Keppel

    Offshore & Marine and impairments of investments and work-in-progress

  4. 4Q 2016 net profit of S$143 million, after additional provisions for impairment of S$313 million, was down 65% from

    S$405 million a year ago.

  5. Earnings per Share was 43.2 cents, down 49% from 84.0 cents a year ago.

  6. Proposed final dividend of 12.0 cents per share; total dividend of 20.0 cents per share for FY 2016.

  7. Cash inflow of S$576 million, compared to cash outflow of S$694 million a year ago.

  8. Net gearing was 0.56x as at end-Dec, compared to 0.57x as at end-Sep.

  9. Return on Equity was 6.9%, compared to 14.2% a year ago.

  10. FY 2016 Economic Value Added was negative S$140 million, compared to S$648 million a year ago.

Keppel Corporation Ltd. published this content on 26 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 January 2017 09:50:02 UTC.

Original documenthttp://www.kepcorp.com/en/download.ashx?id=11107

Public permalinkhttp://www.publicnow.com/view/91D2FA98FA13689FB56EB7E91402214BFA8DC145