- Significant outperformer in 2022 with 42% rise in Keppel Corp's share price.
- Keppel Corp announced full year cash dividend of S$0.33/share with additional Sembcorp Marine shares post transaction.
- - Read this at SGinvestors.io -
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:
2024-08-02 Keppel - Ongoing Evolution.
Previous report by OCBC:
2024-02-01 Keppel - New Year, New Name.
Price targets by 2 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
