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Thursday, January 27, 2011

Keppel Corp Q4 2010 Quarterly Earnings Report

Keppel Corp Q4 2010 Quarterly Earnings Report:
Key Points
  • Net profit before exceptional items improved 12% to S$1,419 million, compared to FY 2009’s S$1,265 million.
  • Earnings Per Share of 88.7 cents, up 12% from FY 2009’s 79.4 cents.
  • ROE remained above 20%.
  • Economic Value Added before exceptional items increased from S$1,026 million to S$1,035 million.
  • Total cash dividend increased to 42.0 cents per share, comprising a final dividend of 26.0 cents and an interim dividend of 16.0 cents already paid.
  • Bonus issue to shareholders of one bonus share for every 10 existing shares.
  • Cash outflow of S$310 million.
  • Net cash of 0.02x, compared to 0.14x in 2009.
  • The proposed final dividend, if approved at the Annual General Meeting to be held on 21 April 2011, will be paid on 10 May 2011.
  • Book closure for the distribution is on 28 Apr 2011.
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