Keppel Corporation Limited ( (SG:BN4) ) has provided an update.
Keppel Corporation Limited reported a strong start to 2025, with a significant increase in earnings driven by recurring income and disciplined execution across its divisions. The company announced successful fundraising efforts for its flagship funds, raising $4.9 billion, and aims to achieve $100 billion in funds under management by 2026. Despite a challenging environment, Keppel is progressing in asset monetization and has seen a 25% year-on-year increase in net profit, excluding legacy offshore and marine assets. Including these assets, net profit more than doubled, highlighting the company’s strengthened foundation and resilience.
More about Keppel Corporation Limited
Keppel Corporation Limited operates in various sectors, including fund management, real estate, infrastructure, and connectivity. The company focuses on sustainable urban renewal and data center investments, aiming to expand its funds under management significantly by 2030.
YTD Price Performance: -6.43%
Average Trading Volume: 4,340,962
Technical Sentiment Signal: Hold
Current Market Cap: S$10.95B
Learn more about BN4 stock on TipRanks’ Stock Analysis page.