CORRECTED-Singapore's Keppel annual profit rises 5%

Reuters
02-05
CORRECTED-Singapore's Keppel annual profit rises 5%

Corrects paragraph 2 to show that the net profit excludes the effects of legacy offshore and marine assets

Feb 5 (Reuters) - Singapore's Keppel Ltd KPLM.SI posted a 5% rise in its full-year underlying profit on Wednesday, helped by strong performance across it segments.

The asset manager's net profit from continuing operations, excluding the effects of the legacy offshore and marine (O&M) assets, rose to S$1.06 billion ($784.20 million) in the 12 months ended Dec. 31, from S$1.02 billion a year earlier. ($1 = 1.3517 Singapore dollars)

(Reporting by Aaditya Govind Rao & Rajasik Mukherjee in Bengaluru; Editing by Rashmi Aich)

((Rajasik.Mukherjee@thomsonreuters.com;))

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