Keppel Posts Higher Nine Month Profit
Singapore Keppel reported higher nine month net profit excluding non-core operations, driven by strong gains in its infrastructure and connectivity units.
Insights:
Singapore's Keppel posted more than 20% growth in nine-month net profit Thursday morning, excluding non-core operations, driven by infrastructure gains. The increase highlights resilient demand across key operating segments despite broader divestment headwinds. Investors are tracking the firm's capital rotation strategy as new funds under management exceed long-term targets.
