Keppel Reports 29 Percent Rise in Full-Year Profit to S$1.02 Billion
Keppel (SY:[Keppel]) reported a 29 percent rise in full-year profit to S$1.02 billion for the year ended December 31, driven by improved performance across its three segments and higher recurring income. The company declared a final dividend of 19 Singapore cents and a special dividend of 13 cents tied to asset monetisation.
Insights:
Keppel has reported a 29 percent rise in full-year profit to S$1.02 billion for the year ended December 31, marking a significant increase in earnings supported by improved performance across its three segments and higher recurring income.
The company has declared a final dividend of 19 Singapore cents per share and a special dividend of 13 cents per share tied to asset monetisation. These distributions reflect Keppel's capital management approach following the strong financial performance.
