Keppel Limited's H1 2024 financial results show strong growth, aiming for $100 billion in funds under management by 2026.
From Investing.com: 2024-08-04 14:48:07
Keppel Limited reported a strong performance in the first half of 2024, doubling earnings from asset management to $75 million. The company aims to reach $100 billion in funds under management by end of 2026. Despite a decrease in overall net profit, Keppel declared an interim dividend of $0.15 per share.
Keppel’s strategic focus on asset management and recurring income streams positions it for future growth. The company emphasized asset monetization, achieving over $5.6 billion since October 2020. With a commitment to shareholder returns, Keppel offers stability and growth potential for investors, reflected in their sound valuation and consistent profitability over the last twelve months.
Read more at Investing.com: Keppel Limited’s H1 2024 financial results show growth By Investing.com