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Keppel T&T's Q1 net profit up 4% on-year

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

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