Keppel Infra Trust's DPU up despite loss of Basslink fees

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.