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Keppel’s 9MFY2023 revenue from continuing operations up by 5% y-o-y to $5.27 bil

Felicia Tan
Felicia Tan • 4 min read
Keppel’s 9MFY2023 revenue from continuing operations up by 5% y-o-y to $5.27 bil
In its release, the group says its total distributions are estimated to reach some $2.70 per share in 2023. The figure includes the dividend in specie of Keppel REIT units worth 18 cents per share. Photo: Keppel
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Keppel Corporation has reported revenue from continuing operations of $5.27 billion for the 9MFY2023 ended Sept 30, 5% higher y-o-y.

The group says its net profit for the 9MFY2023 also grew “significantly” y-o-y. Excluding discontinued operations, the group’s net profit rose higher on a y-o-y basis with strong performance from its infrastructure and connectivity segments.

Net profit for the 3QFY2023 also stood stronger with all three segments – infrastructure, real estate and connectivity – seeing improvements.

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