The drop of the oil price will affect both the results and bottom line at Singapore's major Keppel shipyard to such a large extent that the yard has had to inform investors and the financial markets prior to the publication of its interim report.
In a statement from Keppel Corporation, the company writes that the interim report will contain significant impairments, which relate to recent months' drop in the oil price as well as energy companies' unwillingness to invest.
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