It was a rocky year in 2022, but Keppel Corporation Limited (SGX: BN4) managed to beat the odds to report a good set of earnings for its fiscal 2022 (FY2022).
The conglomerate has demonstrated resilience by more than doubling its recurring income while advancing its Vision 2030 strategic initiatives.
Last week, we reported on its associate, Keppel DC REIT (SGX: AJBU), and how its distribution per unit has continued to climb despite macroeconomic headwinds.
Let’s now take a closer look at Keppel Corporation’s FY2022 results to draw insights on what to expect from the blue-chip group moving forward.
Here are five highlights from its earnings that investors should find useful.
1. A creditable financial performance
For FY2022, revenue remained flat year on year at S$6.6 billion.
Energy and Environment and Asset Management divisions saw a 19% and 20% year on year climb in revenue, respectively, to S$4.2 billion and S$195 million....