Story · Singapore
Keppel H1 Net Profit Drops 59% on Impairments and M1 Deal Fallout; Shares Fall 4%
Singaporean conglomerate Keppel reported a 59% drop in first-half net profit to S$155 million, driven by impairments and fallout from the M1 deal. However, group revenue rose 24.6% to S$3.8 billion, and the company highlighted 25% growth in its core 'New Keppel' operations. The mixed results led to a 4% decline in Keppel's share price. The report was published by The Business Times Singapore on July 30, 2026.
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