Results largely in-line, with dividend upside.
- Keppel (SGX:BN4)’s net profit declined 35.4% y-o-y to S$411m in 2H25, due to an accounting loss of S$222m from the proposed sale of M1’s telco business. Net profit from continuing operations rose 27% y-o-y to S$645m, reflecting broad-based improvement across the Infrastructure, Real Estate and Connectivity segments.
- - Read this at SGinvestors.io -
New Keppel’s transformation continued to gain traction.
- Read more at SGinvestors.io.
Above is an excerpt from a report by OCBC Group Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.
Chu Peng OCBC Investment Research | https://www.iocbc.com/ 2026-02-06
Previous report by OCBC:
2025-10-31 Keppel - Unlocking Value Amidst Multiple Potential Earnings Drivers.
Price targets by 2 other brokers at Keppel Target Prices.
Listing of research reports at Keppel Analyst Reports.
Relevant links:
Keppel Share Price History,
Keppel Announcements,
Keppel Dividend Payout Dates & Corporate Actions,
Keppel News

















