Asia300

Keppel Corp. Ltd.

Singapore

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Feb 22, 2018
Prev close: 7.97
Feb 22, 2018
Market cap:
Market cap(USD):
14,492.60M
10,956.03M
Shares: 1,818.39M

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 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 2017

  • Local currency
  • US Dollar
Revenue 5,963.77M
Gross profit 725.32M
Operating income 338.93M
Income before tax 515.56M
Net income 216.66M
EBITDA 551.31M
Diluted EPS 0.11
Dividends per share 0.22
Total assets 28,112.78M
Total liabilities 16,152.35M
Total equity 11,432.68M
Operating cash flow 1,665.24M

Currency in SGD

Revenue 4,320.07M
Gross profit 525.41M
Operating income 245.51M
Income before tax 373.46M
Net income 156.95M
EBITDA 399.36M
Diluted EPS 0.08
Dividends per share 0.15
Total assets 21,036.20M
Total liabilities 12,086.46M
Total equity 8,554.83M
Operating cash flow 1,206.27M

Currency in USD

Valuation measures

Dec 2017

PER 61.76
ROA 0.75%
ROE 1.87%
Operating margin 5.68%
Profit margin 3.63%

Key executive

  • Chief Executive Officer & Executive Director: Chin Hua Loh
  • Chief Financial Officer: Hon Chew Chan
  • General Manager-Group Information Systems: Jacob Tong
  • General Manager-Risk & Compliance: Kevin Chng
  • Director-Group Strategy & Development: Louis Lim

Share holders

  • Temasek Holdings Pte Ltd. (Investment Company)(20.4%)
  • Aberdeen Asset Management (Asia) Ltd.(4.9%)
  • The Vanguard Group, Inc.(1.9%)
  • BlackRock Fund Advisors(1.3%)
  • Norges Bank Investment Management(1.0%)
  • Dimensional Fund Advisors LP(0.6%)
  • SHANWOOD DEVELOPMENT PTE LTD(0.3%)
  • Keppel Corp. Ltd.(0.3%)
  • BlackRock Asset Management North Asia Ltd.(0.3%)
  • OH CHOON LIAN(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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