The Directors of Keppel Land Limited advise the following results of the Company and of the Group for the nine months ended 30 September 2014.

These figures have not been audited.

Recycling of Assets Lifts Profits

  • Net profit dropped marginally by 3.3% y-o-y at $308 million on lower contribution from property trading
  • Contributions from property investment and fund management rose, accounting for a higher share of 34.4% and 15.8% of net profit respectively
  • Net tangible asset per share rose to $4.59, 10.6% higher compared with $4.15 as at end-September last year
  • Net debt/equity ratio improved to 0.37x


Attachments:

Download - Financial Highlights
Download - Unaudited Results
Download - Powerpoint Slides

For more information, please contact:

Media Relations

Ms Teri Liew
Deputy General Manager
Group Corporate Communications
Keppel Corporation Limited
DID: (65) 6413 6425 / HP: (65) 9686 4038
Email: teri.liew@kepcorp.com

Investor Relations

Serena Toh
General Manager
Investor Relations & Corporate Social Responsibility
Keppel Land Limited
Tel: 6433 7546
Email: serena.toh@keppelland.com



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