(Reuters) – Singapore’s Keppel posted a more than four-fold rise in its full-year profit on Thursday, primarily bolstered by a one-off gain from the divestment of its offshore and marine (O&M) unit.
The global asset manager’s net profit for the full year ended Dec. 31 was S$4.07 billion ($3.04 billion), compared with S$927 million a year ago.
($1 = 1.3397 Singapore dollars)
(Reporting by Himanshi Akhand and John Biju in Bengaluru; Editing by Rashmi Aich)
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