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KIT's first-quarter DPU steady at 0.93 cent

Tuesday, April 18, 2017 - 05:50

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KIT's net profit jumped, mainly due to higher contributions from Basslink and Keppel Merlimau Cogen (above), a power plant.

Singapore

KEPPEL Infrastructure Trust (KIT) on Monday reported a distribution per unit of 0.93 Singapore cent for its first quarter ended March 31, 2017, unchanged from a year ago.

This reflects a distribution yield of 7.3 per cent as at end-March 2017. Distributable cash flows of

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