Keppel Publishes 3Q and Nine-Month 2026 Business Update

By Public Technologies00:47 (UTC), 29 October 2026 Updated

Keppel's overall net profit fell 40% year over year in January-September 2026, reflecting impairments, depreciation and costs associated with non-core assets.
Excluding non-core assets and discontinued operations, net profit rose over 20%; third-quarter profit on that basis increased nearly 15%.
Asset management fees increased 18% to SGD 354 million in the nine months; asset management net profit grew 30%.
Funds under management surpassed SGD 100 billion by July, with SGD 19.5 billion of new funds added year to date.
Announced asset monetizations reached SGD 3.73 billion year to date, exceeding the full-year target; completed monetizations totaled approximately SGD 940 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keppel Ltd. published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.