Case Study: 

A sudden ramp-up in staff costs pulled earnings down by 107% in Q4.

For the fourth quarter, Keppel Telecommunications & Transportation (Keppel T&T) reported a dismal net profit of $300,000, due to one-off expenses from the logistics and datacentre segments.

However, the ramp-up in datacentre expenses hints at an upcoming mega project that could turn around the company's earnings, UOB Kay Hian said.

Its datacentre segment reported a 107% plunge in earnings in Q4 due to one-off ramp up staff costs.

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