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BN4 Keppel News Story

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Singaporean asset manager Keppel's annual profit rises 29%

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Feb 5 (Reuters) - Singapore's Keppel KPLM.SI logged a 29% rise in full-year profit on Thursday, supported by improved performance across its three segments and higher recurring income.

The over-half-a-century-old asset manager's profit from continuing operations rose to S$1.02 billion ($801.76 million) for the year ended December 31, from S$787 million a year earlier.

($1 = 1.2722 Singapore dollars)

 (Reporting by Sherin Sunny and Jasmeen Ara Shaikh in Bengaluru; Editing by Alan Barona)

 ((JasmeenAraIslam.Shaikh@thomsonreuters.com))

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