Business Segments Keppel Ltd.

Stocks

BN4

SG1U68934629

Consumer Goods Conglomerates

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Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

Net Income: Breakdown by Business Segment

Breakdown by Business Segment (SGD)

Fiscal Period: December	2021	2022	2023	2024	2025
Independent Power Producers and Energy Traders
Infrastructure	-	-	4.97B	4.64B	4.15B
Total Assets	-	-	4.95B	4.9B	4.95B
Interest Expense	-	-	-52.71M	-56.51M	-65.62M
Income Tax Expense	-	-	123M	120M	129M
CAPEX	-	-	-242M	-151M	-
EBT	-	-	809M	787M	925M
EBITDA	-	-	849M	809M	965M
D&A	-	-	38.98M	38.73M	45.29M
Operating Income	-	-	722M	740M	792M
Net Income	-	-	686M	673M	803M
Co-location/Data Centers
Connectivity	1.27B	1.3B	1.37B	1.37B	953M
Total Assets	3.61B	3.43B	4.17B	4.45B	4.95B
Interest Expense	-19.09M	-14.71M	-28.07M	-39.13M	-27.87M
Income Tax Expense	18.57M	23.13M	23.1M	29.93M	26.63M
CAPEX	-350M	-237M	-238M	-289M	-
EBT	86.5M	70.01M	160M	215M	206M
EBITDA	288M	187M	299M	374M	242M
D&A	201M	125M	126M	133M	18.43M
Operating Income	86.49M	62.06M	103M	165M	110M
Net Income	63.95M	46.87M	137M	184M	175M
Non-core Portfolio for Divestment	-	-	-	-	705M
Total Assets	-	-	-	-	14.7B
Interest Expense	-	-	-	-	-267M
Income Tax Expense	-	-	-	-	90.33M
EBT	-	-	-	-	-8.61M
EBITDA	-	-	-	-	291M
D&A	-	-	-	-	85.25M
Operating Income	-	-	-	-	220M
Net Income	-	-	-	-	-83.3M
Elimination	-108M	-150M	-205M	-151M	-149M
Total Assets	-12.92B	-12.84B	-8.31B	-8.36B	-15.42B
Interest Expense	371M	431M	701M	835M	780M
Operating Income	4.74M	10.73M	-2.85M	-3.91M	4.34M
Land Sub Dividers And Developers
Real Estate	1.63B	904M	771M	637M	221M
Total Assets	13.95B	11.98B	13.48B	14.08B	5.38B
Interest Expense	-52.34M	-66.56M	-147M	-174M	-92.08M
Income Tax Expense	331M	146M	131M	97.73M	55.65M
CAPEX	-274M	-344M	-620M	-486M	-
EBT	1.07B	418M	475M	422M	330M
EBITDA	1.04B	319M	636M	593M	409M
D&A	42.56M	31.08M	45.53M	26.64M	11.99M
Operating Income	993M	288M	330M	455M	126M
Net Income	763M	272M	344M	306M	273M
Property	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Investment Funds
Corporate Activities	74.07M	88.4M	59.34M	108M	99.27M
Total Assets	12.32B	13.04B	12.55B	12.58B	12.52B
Interest Expense	-332M	-403M	-801M	-975M	-749M
Income Tax Expense	2.94M	4.05M	12.98M	-3.45M	4.16M
CAPEX	-6.7M	-1.12M	-1.61M	-334K	-
EBT	319M	51.95M	-231M	-314M	-136M
EBITDA	241M	53M	-85M	-74M	-116M
D&A	13.14M	15.02M	11.22M	8.7M	9.52M
Operating Income	223M	27.2M	-76.55M	-140M	-131M
Net Income	308M	47.9M	-244M	-319M	-140M
Asset Management	172M	209M	-	-	-
Total Assets	3.99B	4.29B	-	-	-
Interest Expense	-30.75M	-36.8M	-	-	-
Income Tax Expense	26.19M	27.21M	-	-	-
CAPEX	-34.1M	-237M	-	-	-
EBT	327M	340M	-	-	-
EBITDA	116M	94M	-	-	-
D&A	2.8M	2.72M	-	-	-
Operating Income	113M	91.01M	-	-	-
Net Income	301M	313M	-	-	-
Investments	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-
Electric Power Generation By Fossil Fuels
Energy & Environment - Infrastructure & Others	3.57B	-	-	-	-
Total Assets	2.77B	-	-	-	-
Interest Expense	-9.02M	-	-	-	-
Income Tax Expense	-4.6M	-	-	-	-
CAPEX	-38.6M	-	-	-	-
EBT	-258M	-	-	-	-
D&A	31.36M	-	-	-	-
Operating Income	-292M	-	-	-	-
Net Income	-253M	-	-	-	-
Oil Rig Services
Energy & Environment	-	4.26B	-	-	-
Total Assets	-	11.16B	-	-	-
Interest Expense	-	-56.55M	-	-	-
Income Tax Expense	-	44.31M	-	-	-
CAPEX	-	-639M	-	-	-
EBT	-	214M	-	-	-
EBITDA	-376M	119M	-	-	-
D&A	-	32.98M	-	-	-
Operating Income	-	86.04M	-	-	-
Net Income	-	170M	-	-	-
Net Income	-	87.66M	-	108M	-228M
Energy & Environment - Offshore & Marine	2.01B	-	-	-	-
Total Assets	8.6B	-	-	-	-
Interest Expense	-179M	-	-	-	-
Income Tax Expense	-49.37M	-	-	-	-
CAPEX	-24.4M	-	-	-	-
EBT	-211M	-	-	-	-
D&A	115M	-	-	-	-
Operating Income	-230M	-	-	-	-
Net Income	-160M	-	-	-	-
Oil and Gas Field Services
Offshore & Marine	-	-	-	-	-
Interest Expense	-	-	-	-	-
Income Tax Expense	-	-	-	-	-
Total Assets	-	-	-	-	-
CAPEX	-	-	-	-	-
EBT	-	-	-	-	-
EBITDA	-	-	-	-	-
D&A	-	-	-	-	-
Operating Income	-	-	-	-	-
Net Income	-	-	-	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (SGD)

Fiscal Period: December	2021	2022	2023	2024	2025
Singapore	6.46B	5.47B	6.21B	6.09B	5.28B
Total Assets	7.93B	8.19B	7.8B	11.26B	10.02B
China/Hong Kong	1.54B	916M	504M	298M	341M
Total Assets	3.92B	3.5B	3.62B	3.54B	3.57B
Other Far East & ASEAN Countries	223M	172M	195M	167M	300M
Total Assets	1.8B	1.7B	1.71B	2.23B	1.84B
Other Countries	327M	65.12M	57.13M	47.89M	65.55M
Total Assets	653M	466M	789M	1.37B	1.31B
Brazil	73.8M	-	-	-	-
Total Assets	161M	-	-	-	-