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Keppel posts slightly lower Q1 profit, says little impact from Middle East conflict so far

 23/04/2026 2 Views
Keppel posts slightly lower Q1 profit, says little impact from Middle East conflict so far


Singapore’s Keppel Ltd posted a slight drop in its first-quarter net profit on Thursday (Apr 23), excluding the non-core portfolio for divestment and discontinued operations, hurt by lower contribution from its real estate division.

The company said better results from infrastructure and connectivity segments were offset by lower contributions from the real estate segment, which had benefited from higher valuation and divestment gains a year earlier.

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