Keppel Corp's Infrastructure Division posts 35% decrease in profit

Keppel Corp improved its net profit by 11%, but review of Group performance revealed pre-tax profit from Infrastructure Division fell to $51 million due to lower contribution from EPC contracts.

Prospects are bright, however, for the said Division with Mr Choo Chiau Beng, Chief Executive Officer, saying, “We successfully listed K-Green Trust, a green infrastructure trust that will deliver long term, regular and predictable distribution to unitholders. With an initial portfolio of quality assets in Singapore, K-Green Trust will leverage Keppel’s international network and well-established expertise to seek acquisition opportunities in Asia, Europe and Middle East.”

Keppel Corp’s Unaudited Financial Statements showed net profit attributable to shareholders was $669 million, after taking into account income tax expenses and non-controlling interests. Shareholders will be paid an interim distribution of 16 cents per share as interim dividend increased 7%.

Offshore & Marine Division remains the largest contributor to net profit with 67%, followed by Property Division with 26% and Infrastructure Division with 6%.

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia