Earnings Alerts

Keppel Corp (KEP) Earnings Report: 1Q Revenue Down by 6.3%; Aims for S$10-S$12B Asset Monetisation by 2026

  • Keppel Ltd’s 1Q revenue has been reported at S$1.5 billion.
  • This represents a decrease of -6.3% year on year as compared to the previous S$1.6 billion.
  • The company is currently working towards the Final Investment Decision (FID) for its floating DC module, aiming to accomplish this in the first half of 2024.
  • Keppel has an asset monetisation target between S$10 billion and S$12 billion set for achievement by the end of 2026.
  • As per current ratings, the company holds 10 buys, 1 hold, and 2 sells.
  • All comparative statistics mentioned are based on numbers reported by the company’s original disclosures.

A look at Keppel Corp Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Keppel Corporation Limited, a diversified company with core businesses in offshore and marine, infrastructure, property investment and development, telecommunications and transportation, energy, and engineering, has received varied Smart Scores across different categories. With a high score in Growth and Dividend, Keppel Corp shows promise for long-term potential and stable returns. The company’s momentum score also indicates positive market sentiment and performance. However, lower scores in Value and Resilience suggest some areas of caution when considering investment in Keppel Corp. Overall, the long-term outlook for Keppel Corporation Limited appears positive, especially in terms of growth and dividend prospects.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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