Singapore's Keppel posts 25% rise in first-half net profit

Keppel

31/07/2025 24:36

July 31 (Reuters) - Singapore's Keppel KPLM.SI reported a 25% surge in net profit for the first half, citing resilient earnings in the infrastructure business and higher contribution from real estate operations.

The asset manager's net profit rose to S$431 million  ($332.54 million) in the six months ended June 30, from S$345 million last year.

The company also announced a share buy-back programme worth S$500 million and declared an interim dividend of 15 Singapore cents apiece.

($1 = 1.2961 Singapore dollars)

 (Reporting by Rishav Chatterjee and Sherin Sunny in Bengaluru; Editing by Leroy Leo)

 ((rishav.chatterjee@thomsonreuters.com;
Sherin.Sunny@thomsonreuters.com))