Keppel’s profit surges to 55-year high in H1 2023 on one-off gain from O&M unit sale

Keppel’s profit surges to 55-year high in H1 2023 on one-off gain from O&M unit sale

FILE PHOTO: A view of Keppel signage outside their building in Singapore June 28, 2023. REUTERS/Edgar Su/File Photo

Singapore-listed Keppel Corporation reported a net profit of S$3.6 billion ($2.7 billion)—its highest in 55 years—for the six months ended June 30, 2023, it said on Wednesday. In H1 2022 it had posted a net profit of S$498 million ($374 million).