BRIEF-Keppel Says Qtrly Net Profit Expanded By Over 25% YoY, Excluding Legacy O&M Assets

Reuters
24 Apr
BRIEF-Keppel Says Qtrly Net Profit Expanded By Over 25% YoY, Excluding Legacy O&M Assets

April 24 (Reuters) - Keppel Ltd KPLM.SI:

  • 1Q25 NET PROFIT EXPANDED BY OVER 25% YOY, EXCLUDING LEGACY O&M ASSETS

  • IN THREE MONTHS GENERATED S$96 MILLION IN ASSET MANAGEMENT FEES

  • IN ADVANCED STAGES OF NEGOTIATING ANOTHER S$550 MILLION IN REAL ESTATE MONETISATION OPPORTUNITIES EXPECTED TO BE FINALISED IN NEXT FEW MONTHS

  • DIRECT IMPACT OF US TARIFFS ON KEPPEL IS EXPECTED TO BE LIMITED

  • S$4.9 BILLION IN FUNDS UNDER MANAGEMENT IN 1Q25

Further company coverage: KPLM.SI

((Reuters.Briefs@thomsonreuters.com;))

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