The company posted a profit of S$481 million (US$336.2 million) for 2015, dropping S$559 million from the more than S$1 billion profit booked a year ago.
The drop in profits came as revenue slipped S$2.3 billion, year-on-year, to just over S$6.2 billion as a result of lower volume of work, deferment of some projects and the suspension of contracts for Sete Brasil.
Keppel