Brief: Keppel Says Qtrly Net Profit Expanded By Over 25% YoY, Excluding Legacy O&M Assets

Keppel

24/04/2025 24:08

April 24 (Reuters) - Keppel Ltd KPLM.SI:

1Q25 NET PROFIT EXPANDED BY OVER 25% YOY, EXCLUDING LEGACY O&M ASSETS

IN THREE MONTHS GENERATED S$96 MILLION IN ASSET MANAGEMENT FEES

IN ADVANCED STAGES OF NEGOTIATING ANOTHER S$550 MILLION IN REAL ESTATE MONETISATION OPPORTUNITIES EXPECTED TO BE FINALISED IN NEXT FEW MONTHS

DIRECT IMPACT OF US TARIFFS ON KEPPEL IS EXPECTED TO BE LIMITED

S$4.9 BILLION IN FUNDS UNDER MANAGEMENT IN 1Q25

Further company coverage: KPLM.SI

 ((Reuters.Briefs@thomsonreuters.com;))