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SINGAPORE, Jan 23 (Reuters) - Singapore conglomerate Keppel Corp Ltd said its net profit fell 26 percent last year after 2012's results were boosted by one-off profits from property sales.
Keppel is the world's biggest offshore drilling rig producer and has businesses in property development and infrastructure. It reported net profit of S$1.4 billion ($1.09 billion), just below the S$1.51 billion average forecast of seven analysts surveyed by Reuters.
The company, more than a fifth held by Singapore's state investor Temasek Holdings (Private) Ltd, said its net profit grew 9 percent in the fourth quarter ending December.
$1 = 1.2789 Singapore dollars Reporting by Rujun Shen and Anshuman Daga; Editing by Matt Driskill