The Singaporean yard group posted earnings of SGD 374m ($276.5m) for the first three months of 2015, versus SGD 394m in the corresponding quarter of 2014.
Revenue fell by almost SGD 200m to SGD 2.8bn.
The group’s net debt increased by $2.82bn to $4.47bn as of 31 March.
During the first quarter, Keppel secured new orders worth SGD 500m, including a multi-purpose newbuilding.
Its
