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Keppel Corporation Limited ( (SG:BN4) ) has shared an announcement.
Keppel Corporation Limited reported a significant increase in net profit for the first quarter of 2025, with a year-on-year growth of over 25% excluding legacy offshore and marine assets. This growth was driven by strong performance in its Infrastructure and Real Estate segments, as well as improved Asset Management results. The company also highlighted its success in asset monetization, reporting $347 million in divestments year-to-date and potential real estate divestments worth approximately $550 million in advanced negotiations. These developments underscore Keppel’s strategic focus on strengthening its financial position and enhancing shareholder value amidst challenging market conditions.
More about Keppel Corporation Limited
Keppel Corporation Limited is a Singapore-based conglomerate with diverse operations spanning infrastructure, real estate, and asset management. The company focuses on sustainable urbanization solutions, leveraging its expertise in engineering and project management to deliver innovative products and services across its core industries.
YTD Price Performance: -8.63%
Average Trading Volume: 4,322,532
Technical Sentiment Signal: Hold
Current Market Cap: S$10.95B
For detailed information about BN4 stock, go to TipRanks’ Stock Analysis page.