25-January-2017Keppel Telecommunications & Transportation Ltd Unaudited Results For The Fourth Quarter And Financial Year Ended 31 December 2016
The Directors of Keppel Telecommunications & Transportation Ltd advise the following results of the Company and of the Group for the fourth quarter and financial year ended 31 December 2016.
These figures have not been audited.
FY2016 RESULTS HIGHLIGHTS
- The Group's net profit attributable to shareholders for the full year improved by 15% from $91.5 million in 2015 to $105.1 million in 2016 due mainly to higher contribution from Data Centre Division, partly offset by weaker contribution by Logistics Division.
For the quarter, net profit attributable to shareholders was $3.1 million compared to $44.5 million in 4Q 2015 due mainly to lower fair value gain on data centre investment properties and share of profits from associated companies.
- Earnings per share increased by 15% to 18.9 cents.
- Net asset value per ordinary share increased by 10% to $1.43 per share, compared to $1.30 per share at December 2015.
- Net gearing was 0.53x.
- Final dividend of 4.5 cents per share.
Download - KTT 2016 Full Year Unaudited Results
For more information, please contact:
Ms Ivana Chua
Assistant General Manager
Group Corporate Communications
Keppel Corporation Limited
Tel: (65) 6413-6436