Singapore's Keppel Ltd (KPLM.SI , opens new tab posted on Thursday a 7% rise in its first-half underlying profit, as upbeat performances at the infrastructure and connectivity segments offset a decline in its real estate business.
The global asset manager's net profit from continuing operations for the six-month period ended June 30 came in at S$513 million ($383.98 million), a jump from S$481 million last year.
Long-term technology solutions and energy services contracts expanded by more than 20% to S$5.2 billion at the infrastructure division during the reported period.
