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Machinery & Industrial Equipment

Keppel touts progress in new areas as property damps profit

Data centers, electricity retailing among promising businesses

Keppel earned 159 million Singapore dollars in the three months ended September, down 30% from the same period a year ago. (Photo by Keiichiro Asahara)

SINGAPORE (Nikkei Markets) -- Conglomerate Keppel Corp played up its progress in new areas such as data centers and electricity retailing as its quarterly net profit fell by nearly a third, damped by its substantial property business.

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