Keppel Corporation - Phillip Securities 2023-10-23: Stable Energy Sales, Weak Real Estate Markets

• Keppel Corp (SGX:BN4)'s 3Q23 revenue fell 6.0% y-o-y, dragged lower by weak property sales in China and India, after the rebound in 1H. 3Q23 net profit was higher y-o-y, but no financial detail was provided.
• - Read this at SGinvestors.io -
• The distribution-in-specie of 1 Keppel REIT unit for every 5 Keppel shares has been approved by shareholders. This is equivalent to S$0.18 per Keppel share. See Keppel's dividend dates.
• - Read this at SGinvestors.io -

The Positives

3Q23 Infrastructure revenue grew 1.3% y-o-y

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Read also Phillip's most recent report:
2026-01-05 Keppel - More Growth Ahead.

Previous report by Phillip:
2025-11-03 Keppel 9M25 Update - Asset Management Franchise Building Momentum.

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 Dividend Payout Dates & Corporate Actions,
Keppel Corp News