Asia300

Keppel Corp. Ltd.

Singapore

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Mar 24, 2017
Prev close: 6.8
Mar 24, 2017
Market cap:
Market cap(USD):
12,361.8M
8,834.27M
Shares: 1,817.91M

Currency in SGD

Company profile

Market(Ticker): SES(BN4)
Sector:
Industry:
Producer Manufacturing
Industrial Conglomerates
Full time employees: --

Business summary

Keppel Corp. Ltd. is engaged in the operation of an investment holding and management company, which provides offshore and marine engineering and construction services. It operates through the following business segments: Offshore & Marine, Infrastructure, Property, and Investments. The Offshore & Marine segment engages in offshore rig design, construction, repair and upgrading, ship conversions, repair and specialized shipbuilding. The Infrastructure segment includes environmental engineering, power generation, logistics, and data centers businesses. The Property segment provides property development, investment, and fund management services. The Investments segment holds interest in investment holding companies. The company was founded on August 3, 1968 and is headquartered in Singapore.

Company background

Keppel Corp.'s main pillars are energy-related infrastructure building and real estate development. Wholly owned subsidiary Keppel Offshore & Marine is one of the world's major builders and repairers of offshore oil rigs. It boasts a global network of 20 yards and offices. Another subsidiary, Keppel Land, develops office and residential complexes in Singapore. It is responsible for major projects like the Marina Bay Financial Center. It has been expanding its overseas portfolio, with a focus on China as well as emerging markets like Vietnam and Indonesia.

Keppel Corp. was incorporated as Keppel Shipyard in 1968. It diversified during the 1970s and 1980s, venturing into property development and expanding overseas. Keppel in 1997 participated in establishing M1, one of the city-state's big mobile network operators. It is currently one of M1's largest minority shareholders. Temasek Holdings, a Singapore sovereign wealth fund, is the current largest minority shareholder of Keppel Corp. Loh Chin Hua, who became the company's CEO in January, has over 25 years of experience in real estate and fund management, including with Government of Singapore Investment Corp., another Singapore sovereign wealth fund, and Prudential Investment.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 6,767.26M
Gross profit 1,171.34M
Operating income 1,171.34M
Income before tax 1,054.92M
Net income 783.92M
EBITDA 1,407.81M
Diluted EPS 0.42
Dividends per share 0.2
Total assets 29,234.15M
Total liabilities 16,900.51M
Total equity 11,658.94M
Operating cash flow 733.68M

Currency in SGD

Revenue 4,901.51M
Gross profit 848.40M
Operating income 848.40M
Income before tax 764.07M
Net income 567.79M
EBITDA 1,019.67M
Diluted EPS 0.31
Dividends per share 0.14
Total assets 20,235.44M
Total liabilities 11,698.28M
Total equity 8,070.15M
Operating cash flow 531.40M

Currency in USD

Valuation measures

Dec 2016

PER 13.40
ROA 2.69%
ROE 6.89%
Operating margin 17.30%
Profit margin 11.58%

Key executive

  • Chief Executive Officer & Executive Director: Chin Hua Loh
  • Chief Financial Officer: Hon Chew Chan
  • General Manager-Group Information Systems: Jacob Tong
  • Director-Group Risk & Compliance: Lim Heng Tay
  • Director-Corporate Development & Planning: Meng Ann Lim

Share holders

  • Temasek Holdings Pte Ltd. (Investment Company)(20.6%)
  • Aberdeen Asset Management (Asia) Ltd.(4.9%)
  • BlackRock Fund Advisors(1.7%)
  • The Vanguard Group, Inc.(1.6%)
  • Norges Bank Investment Management(1.0%)
  • BlackRock Investment Management LLC(0.8%)
  • Dimensional Fund Advisors LP(0.6%)
  • APG Asset Management NV(0.5%)
  • Matthews International Capital Management LLC(0.5%)
  • SHANWOOD DEVELOPMENT PTE LTD(0.3%)

Address

  • Website: http://www.kepcorp.com
  • Address: No. 18-01, Keppel Bay Tower, 1 HarbourFront Avenue, Singapore, 098632, Singapore
  • Phone: +65.6270.6666

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