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Keppel Corp. profit rises on rig margins, property

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Keppel Corp., the world’s largest oil-rig maker, said third-quarter profit climbed 17% on higher income from offshore structures and property sales.
 
Net income climbed to $319.6 million, or 20 cents a share, from S$272.9 million, or 17 cents, a year earlier, the company said today in a statement to the Singapore stock exchange. Sales dropped 5.5%to $3.04 billion.
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