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

Keppel Corporation - Stable Energy Sales, Weak Real Estate Markets

Published:
Keppel Corp (SGX:BN4) | SGinvestors.ioKeppel Corp (SGX:BN4)
  • 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 the excerpt from report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full report in PDF @ https://www.stocksbnb.com/.




Peggy Mak Phillip Securities Research | https://www.stocksbnb.com/ 2023-10-23



Read also Phillip's most recent report:
2024-04-26 Keppel - A Slow Quarter.

Previous report by Phillip:
2024-02-05 Keppel Ltd - Energy Buttressed Bottom Line.

Price targets by 4 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





Advertisement

You May Also Like




SGX Stock / REIT Search

Advertisement

Most Read

Trust Bank God Of Fortune Referral Code PGKPSWAE Trust Bank Referral Code 🎁

Advertisement