Reported 3 months ago
Singapore’s Keppel Corporation showcased a 7% rise in first-half underlying profit, reaching S$513 million, owing to strong performances from its infrastructure and connectivity sectors. The company's ongoing transition to a global asset manager is paying off, reflected in a more than 100% increase in asset management profits. Despite a decline in real estate contributions, Keppel aims to enhance its recurring earnings from technology solutions and energy services, targeting over S$100 million annually by 2027.
Source: YAHOO