Keppel also received $500 million in cash, and distributed about $3.85 billion to its shareholders via a distribution in specie of Sembcorp Marine shares in 1Q2023.
Keppel Corporation (SGX:BN4) has posted revenue of $2.25 billion for 1QFY2023 ended March, 9% higher y-o-y, as its Energy & Environment, Urban Development and Connectivity segments reported higher contributions.
Without revealing specific figures, the group says its 1QFY2023 net profit was “significantly higher” y-o-y with the disposal gain of some $3.3 billion from the merger of Keppel Offshore & Marine and Sembcorp Marine.

