Keppel Earnings Call Transcripts
Fiscal Year 2025
-
Strong earnings growth in 2025 driven by infrastructure, real estate, and connectivity, with net profit of New Keppel up 39% year-on-year to SGD 1.1 billion. Asset monetization and recurring income surged, supporting higher dividends and robust shareholder returns.
-
Net profit rose 24% year-on-year to $378 million in 1H 2025, with FUM reaching $91 billion and strong recurring income growth. Asset monetization and cost optimization continue, with a $500 million share buyback and interim dividend of $0.15 per share announced.
Fiscal Year 2024
-
Net profit from continuing operations rose 5% year-over-year to SGD 1.06 billion, with all segments profitable and strong growth in asset management and connectivity. Asset monetization and recurring income remain key focuses, while digital infrastructure and cost optimization drive future growth.
-
Net profit from continuing operations rose 7% year-on-year to SGD 513 million, driven by strong Infrastructure and Connectivity segments, while asset management earnings and FUM surged. Asset monetization and recurring income remain key pillars, with a stable interim dividend declared.