Keppel Corporation - OCBC Investment 2023-02-03: Continues To Unlock Value

Keppel Corporation - Continues To Unlock Value

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KEPPEL CORPORATION LIMITED (SGX:BN4) | SGinvestors.ioKEPPEL CORPORATION LIMITED (SGX:BN4)

Keppel Corp's FY22 net profit lower by 9%

  • Keppel Corporation (SGX:BN4) reported FY22 revenue from continuing operations of S$6.6b, which was flattish compared to a year ago, while net profit of S$927m was 9% lower, mainly due to lower earnings in Urban Development as well as provisions for specific projects at Keppel O&M’s yard in the US, which were partly offset by the partial writeback of impairments for legacy rigs – See Keppel Corp's announcement dated 02 Feb 2023.
  • - Read this at SGinvestors.io -

Cash dividend of S$0.33/share, along with additional Sembcorp Marine shares post transaction

  • Read more at SGinvestors.io.




Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.




OCBC Research Team OCBC Investment Research | https://www.iocbc.com/ 2023-02-03



Read also OCBC's most recent report:
2024-02-01 Keppel - New Year, New Name.

Previous report by OCBC:
2023-07-31 Keppel Corporation - Continues To Unlock Value.

Price targets by other brokers at Keppel Corp Target Prices.

Listing of research reports at Keppel Corp Analyst Reports.

Relevant links:
Keppel Corp Share Price History,
Keppel Corp Announcements,
Keppel Corp Dividends & Corporate Actions,
Keppel Corp News Articles





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