Summary: Keppel reported a 25% increase in net profit in Q1 2025, driven by stable infrastructure results, improved real estate contributions, and stronger asset management returns. The company remains cautiously optimistic about the impact of US tariffs, expecting limited direct effects but potential indirect impacts from a trade war. Keppel also highlighted progress in its infrastructure and connectivity segments, including the Bifrost subsea cable project.

Link: https://www.straitstimes.com/business/companies-markets/keppel-q1-profit-up-over-25-expects-limited-direct-impact-from-us-tariffs