The company posted a profit of S$372.3 million (US$268.8 million) for the three months to 30 September, down 30.7% on the S$537.4 million profit booked during the same period last year.
This came as third quarter revenues slipped 23.4% year-on-year, from S$3.18 billion to S$2.44 billion.
Keppel attributed the slide to a S$788 million decline in revenue from its offshore and marine division, to S$1.41