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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.
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