Just a few days ago, Singapore's shipyard group Keppel issued a statement to its shareholders prior to the publication of its interim report, warning of major losses in its marine and offshore business.
Today, the company published its interim report, in which it became evident that Keppel books a net loss of SGD 537 million (USD 390 million) for the first half of the year, compared to a net profit of SGD 356 million in the first half-year of 2019.
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