Dispute settlement drags CitySpring Q3 into the red

Singapore

CITYSPRING Infrastructure Trust, which counts Temasek as a major unitholder, on Tuesday reported an unchanged distribution per unit (DPU) of 0.82 Singapore cent for its third quarter ended Dec 31, 2014.

This was despite a 7.3 per cent drop in revenue to S$120 million, hurt by lower contributions from its City Gas, SingSpring and CityNet segments.