Keppel 1H FY26 net profit drops 59% to S$155 million
Reuters2026/07/29 23:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Keppel posted net profit of S$155 million, down 59% from a year earlier, as the Non-Core Portfolio swung to a net loss of S$375 million.
- New Keppel net profit rose 25% to S$530 million, while recurring income climbed 13% to S$467 million.
- Profit from sponsor stakes and co-investments rose to S$175 million from S$18 million, while free cash flow swung to an inflow of S$570 million from an outflow of S$48 million.
- Annualized ROE fell to 3.6% from 7.2%, while net debt to EBITDA increased to 6.7x from 5.8x; an interim cash dividend of 15 cents a share was declared.
- Funds under management reached S$106 billion in July, while about S$1.7 billion of asset monetization was announced year to date; the 600 MW Sakra Cogen Plant started operations.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keppel Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: GUC8RK99Y44BG67E) on July 29, 2026, and is solely responsible for the information contained therein.
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