In the quarter ended 31 June 2015, Keppel Offshore & Marine (which is the division of Keppel Corporation that includes Keppel Fels and Keppel Shipyard), made net profit of S$173 million, down 36% on the corresponding period last year.

Offshore & Marine net earnings formed 44% of the Corporation's total net profit.

Revenues for the second quarter were S

$1.58 billion, down 23% year-on-year.

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