Keppel Publishes 3Q and Nine-Month 2026 Business Update
Bitget2026/10/29 00:47- Keppel's overall net profit fell 40% year over year in January-September 2026, reflecting impairments, depreciation and costs associated with non-core assets.
- Excluding non-core assets and discontinued operations, net profit rose over 20%; third-quarter profit on that basis increased nearly 15%.
- Asset management fees increased 18% to SGD 354 million in the nine months; asset management net profit grew 30%.
- Funds under management surpassed SGD 100 billion by July, with SGD 19.5 billion of new funds added year to date.
- Announced asset monetizations reached SGD 3.73 billion year to date, exceeding the full-year target; completed monetizations totaled approximately SGD 940 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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