Earnings update: Seatrium rebounds 2.8%; Keppel dived 4.3% on profit plunge

Macquarie Warrants Singapore
10:47

$Keppel(BN4.SI)$ : its shares plunged 4.3% yesterday to $11.48 after the asset manager reported a net income of S$155 million for the first half of 2026, down 59% from S$378 million a year earlier

⚠The losses came from 1) the collapse of its M1 sale 2) a S$32 million net loss from its real estate holdings in its non-core portfolio

🌈The bright spot came from "New Keppel" where profit was 25% higher

Keppel shares are down another 0.4% this morning as of 950AM to $11.44

✳Trending Keppel call warrant $KeppelMBeCW261230(94BW.SI)$ (https://warrants.com.sg/tools/livematrix/94BW) is down 23.2% to S$0.073 over the past two days and saw buying interest from investors yesterday

There is no Keppel put warrant

$Seatrium Ltd(5E2.SI)$ : announced pre-market this morning a 1H26 net income of S$372.9 million which is a 258% jump from the previous year, due to higher gross margins on prior order wins

⤴The results helped the stock rebound 3.3% to S$2.19 this morning as of 10AM after a two-day sell-down of 10.3%

The sell-down over the past two days were mostly due to a broker downgrade of Seatrium shares

✳Nevertheless, the shares are still 11.2% higher this month, while trending Seatrium call warrant $Seatrium MB eCW261230(UGWW.SI)$ (https://warrants.com.sg/tools/livematrix/UGWW) is up 45.5% to S$0.016 over the same period

There is no Seatrium put warrant

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