
SINGAPORE (July 30): Keppel’s revenue for 1HFY2026 was up by a quarter year-on-year to S$3.8 billion but net profit attributable to shareholders was down 59% to S$154.7 million.
Keppel’s 1HFY2026 bottom line was weighed down by impairments made on its legacy rigs amounting to S$165 million. Depreciation and amortisation adjustments following the scuppered sale of M1 to Simba impacted as well.
In all, Keppel’s so-called non-core portfolio recorded a net loss of S$375 million, compared to...(click on link for full story theedgesingapore.com)