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flag Keppel Ltd reports a 25% net profit rise, fueled by strong infrastructure and asset management sectors.

Singapore's Keppel Ltd reported a 25% rise in first-quarter net profit, excluding legacy offshore and marine assets, due to strong performance in infrastructure and asset management. Asset management fees increased by 9% to S$96 million. The company aims to oversee S$200 billion by 2030 and has already monetized S$347 million in assets this year. Keppel remains cautiously optimistic despite potential indirect impacts from trade tensions.

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