Keppel Telecommunications & Transportation has booked a four per cent on-year increase in net profit to USS$14.4 million for its first quarter ended 31 March. In a filing with the Singapore Exchange, Keppel T&T said its revenue rose to USS$33.6 million, up by 11% compared to the previous year.
And that's largely driven by higher revenue generated by its Data Centre and Logistics divisions. Keppel T&T said that its data centres are currently enjoying strong demand and it will continue to grow its data centre fund through further acquisitions.
Source: Channel News Asia