Keppel Corp reported a net loss of $537 million for 1H2020, reversing a net profit in 1H2019 of $356 million. The loss was caused by $930 million of impairments mainly related to Keppel Offshore & Marine’s (Keppel O&M) stranded assets, receivables, stocks and share of impairment provisions from Floatel. Excluding impairments, Keppel Corp would have registered net profit of $393 million for 1H2020, 5% higher y-o-y.  

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply