Slide 1: 3Q & 9M 2020 Business Updates
3Q & 9M 2020 Business Updates 29 October 2020
Slide 2: Executing Vision 2030
Executing Vision 2030 We are committed to drive Vision 2030 and realise Keppel’s full potential as an integrated business, providing solutions for sustainable urbanisation. • Identified ~S$17.5b of assets that can Landbank & development projects potentially be monetised and channeled towards growth
Slide 3: Financial Highlights
Financial Highlights As COVID-19 situation stabilises, staff progressively returning Revenue by Segment to workplace with safe management measures in place 5,382* Keppel Corporation was profitable in 3Q 2020, though net profit 102 4,818* was significantly lower year-on-year; but remained loss-making
Slide 4: Energy & Environment
Energy & Environment Offshore & Marine Net Orderbooki • Keppel O&M remained loss-making in 3Q 2020 mainly due to reduced top line from COVID-19 related disruptions; will continue to face challenges in profitability for rest of the year 4.1 amidst challenges faced by the industry 3.5 1.2 • Keppel O&M
Slide 5: Energy & Environment
Energy & Environment • Keppel Infrastructure delivered resilient performance: • Revenue was S$1.7b for 9M 2020, compared to S$2.0b for 9M 2019 • EBITDA was S$119m for 9M 2020, compared to S$115m for 9M 2019 • Secured S$2.1bi worth of WTE and district cooling contracts YTD across Singapore, India and
Slide 6: Urban Development
Urban Development Home Salesi • Singapore home sales picked up, mainly at The Garden Residences Sales value: S$2.1b Sales value: • Home sales were slower in China due to economic headwinds S$1.5b and fewer new projects launched 3,520 230 110 • Lower home sales in Vietnam due to slower approval for n
Slide 7: Urban Development
Urban Development Residential Landbank Commercial GFA 2% 2% 6% 1% 7% 18% 12% 40% ~44,000 10% ~1.7 million 31% units sm 9% 38% 24% Singapore China Vietnam Singapore China Vietnam Indonesia India Indonesia India Philippines Myanmar UK The Garden Residences in Singapore was 74% sold as at end-Sep 2020
Slide 8: Connectivity: Data Centre Portfolio
Connectivity Data Centre Portfolio • Work-from-home driving further demand for data 8 centres Pipeline of data centres under development • Government approval secured or completed with potential to monetise for new data centre to be jointly developed with SPH at 19 Genting Lane in Singapore Establis
Slide 9: Connectivity
Connectivity • M1’s EBITDA remained resilient M1’s Revenue M1’s Customers at S$202m for 9M 2020, vs S$211m for 9M 2019 838 • Transformation plans remain 779 2,280 on track despite pandemic 2,071 219 281 • Launched 5G non-standalone 235 565 228 network, first operator in 255 Singapore to open up 5G 2
Slide 10: Asset Management
Asset Management • Asset management feesi were S$123m for 9M 2020, vs S$105m for 9M 2019 • Keppel Capital-managed funds received total commitments of over US$2b YTD from investors, including first closing of US$295m for Alpha Asia Macro Trends Fund IV • Strategic cooperation with the National Pensio
Slide 11: This presentation may contain forward-looking statements which are subject to risks and uncertainties that
This presentation may contain forward-looking statements which are subject to risks and uncertainties that could cause actual results to differ materially from such statements. Such risks and uncertainties include those arising from COVID-19, industry and economic conditions, competition, and legal,