BRIEF-Keppel Corp Says HY Profit Rises 66% To S$498 Million

July 28 (Reuters) - Keppel Corporation Ltd:

* NET PROFIT RISES 66% YOY TO S$498 MILLION IN 1H 2022

* ANNOUNCES INTERIM DIVIDEND 15.0 SG CENTS PER SHARE

* OVER S$3.6 BILLION IN ASSET MONETISATION ANNOUNCED FROM OCTOBER 2020 TO JULY 2022

* HY REVENUE S$3,356 MILLION VERSUS S$2,888 MILLION

* IN 1H 2022, KEPPEL O&M SECURED S$256 MILLION OF NEW ORDERS

* KEPPEL O&M NET ORDERBOOK TO S$4.4 BILLION AS AT END OF JUNE 2022

* KEPPEL O&M IN ADVANCED DISCUSSIONS WITH PETROBRAS FOR UP TO TWO NEW FLOATING PRODUCTION STORAGE AND OFFLOADING VESSEL PROJECTS

* KEPPEL O&M IN ADVANCED DISCUSSIONS WITH PETROBRAS FOR CONTRACTS WHICH WOULD ADD OVER S$8 BILLION TO ORDERBOOK, IF AWARDED

* KEPPEL LAND ACTIVELY EXPLORING OPPORTUNITIES TO SIGNIFICANTLY MONETISE CHINA, VIETNAM LANDBANK OVER NEXT 1-2 YEARS

* ON TRACK TO EXCEED S$5B ASSET MONETISATION TARGET BY END-2023

* OUTLOOK FOR O&M SECTOR CONTINUES TO IMPROVE WITH INCREASE IN OIL PRICE

* IN HY, KEPPEL O&M SECURED S$256 MLN OF NEW ORDERS, BRINGING NET ORDERBOOK TO S$4.4 BLN AS AT JUNE-END Source text for Eikon: Further company coverage: