)
Visual21 Nov 2025
Data center suppliers
Keppel (BN4) investor relations material
Keppel Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary30 Oct, 2025
Executive summary
Net profit rose over 25% year-over-year in 9M25, with all business segments—Infrastructure, Real Estate, and Connectivity—achieving earnings growth.
Recurring income increased nearly 15% year-over-year in 9M25, driven by higher asset management and operating income.
Including discontinued operations, overall net profit was over 5% higher year-over-year, despite an accounting loss from the proposed divestment of M1's telco business.
Non-Core Portfolio for Divestment returned to profitability, reversing a net loss from the previous year.
Financial highlights
Private funds raised $6.7b in FUM in 9M25, with new acquisitions by REITs and infrastructure trust to add another $1.4b.
$2.4b in asset monetisation announced in 9M25, including the proposed divestment of M1's telco business.
$617m returned to shareholders through cash dividends and $92.6m in share buybacks in 9M25.
Total monetisation since Oct 2020 reached $14.0b.
Asset management fees were steady at $299m for 9M25.
Outlook and guidance
Targeting year-over-year EBITDA growth in 2025, supported by strong integrated power business and growing decarbonisation & sustainability solutions.
600 MW Keppel Sakra Cogen Plant to start operations in 1H26, with capacity substantially contracted.
Aermont Fund VI first close expected around 1Q26.
Targeting over $500m in additional asset monetisation deals in the coming months.
Committed to a steady and sustainable dividend strategy, with payouts based on annual net profit and additional rewards from asset monetisation proceeds.
S$35B deal-flow pipeline deployment focus
Update on S$500M share buyback program?
M1 ICT Services business transformation plan?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Keppel earnings date
Q4 20254 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Keppel Limited is a conglomerate based in Singapore with a diverse portfolio focusing on property, infrastructure, and asset management. Established in 1968, Keppel has evolved from its origins in the Keppel Shipyard and offshore and marine activities to become a global asset manager and operator. The company is recognized for its expertise in delivering sustainability-related solutions across various sectors including renewables, clean energy, sustainable urban renewal, and digital connectivity. Keppel operates internationally, with a presence in over 20 countries, and is involved in sectors ranging from environmental engineering, power generation, and gas infrastructure development to property development, investment, and logistics. Keppel is headquartered in Singapore and its shares are listed on the Singapore Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage