SUBSCRIBERS
Keppel Infra Trust's DPU up despite loss of Basslink fees
Published Wed, Apr 13, 2016 · 09:50 PM
Singapore
KEPPEL Infrastructure Trust on Wed-nesday announced a distribution per unit (DPU) of 0.93 Singapore cent for its first quarter ended March 31, 2016, up from 0.78 cent a year ago.
This was despite net profit in Q1 plunging to S$2,000 from S$2.66 million, due to the Basslink electricity interconnector, which has not been receiving its facility fees since its cable fault last December.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results