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Keppel T&T's full-year profit up 14%

Keppel Telecommunications and Transportation reported a 14 per cent rise in full year net profit to S$63.2 million from a year ago.

SINGAPORE: Keppel Telecommunications and Transportation (Keppel T&T) reported a 14 per cent rise in full year net profit to S$63.2 million from a year ago.

This came on the back of higher group revenue which rose 18 per cent to S$162 million.

The company said the higher revenue comes from its data centre and logistics division.

Keppel T&T has proposed a first and final dividend of 3.5 cents per share.

Looking ahead, the company said prospects of its data centre business remains robust.

Keppel T&T has announced that it is exploring the launch of a data centre REIT on the Singapore Exchange.

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