Keppel Ltd. Reports 25% YoY Surge in Net Profit to $431 Million for 1H 2025, Driven by Strong Infrastructure and Real Estate Earnings

Reuters
2025.07.31 07:18
portai
I'm PortAI, I can summarize articles.

Keppel Ltd. reported a net profit of $431 million for 1H 2025, a 25% increase from $345 million in 1H 2024, driven by strong Infrastructure and Real Estate earnings. Recurring income rose 7% to $444 million. The company announced $915 million in asset monetisation and a $500 million Share Buyback Programme. An interim cash dividend of 15.0 cents per share was declared. CEO Mr. Loh Chin Hua stated that Keppel is on track to meet its Vision 2030 targets, focusing on sustainability and digital infrastructure.

Keppel Ltd. has reported a net profit of $431 million for the first half of 2025, marking a 25% increase from $345 million in the same period of 2024, excluding the Non-Core Portfolio for Divestment. This performance was primarily driven by strong earnings in the Infrastructure Segment and increased contributions from Real Estate. The company’s recurring income rose by 7% year-on-year to $444 million in 1H 2025, compared to $414 million in 1H 2024. Keppel’s annualised Return on Equity (ROE) reached 15.4% in 1H 2025, up from 13.2% in 1H 2024. The company announced $915 million in asset monetisation to date, with over $500 million in potential divestments currently under negotiation. An interim cash dividend of 15.0 cents per share and a $500 million Share Buyback Programme have been declared as part of efforts to reward shareholders. Keppel’s CEO, Mr Loh Chin Hua, highlighted that the company is on track to achieve its Vision 2030 interim targets, positioning Keppel as a leading global asset manager and operator focused on sustainability and digital infrastructure. The company’s core assets remain profitable, and it aims to unlock further value from its balance sheet by monetising a $14.4 billion non-core portfolio. 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 on July 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here

Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.