Keppel Infra Trust's Q4 DPU flat at 0.93 Singapore cent
Singapore
KEPPEL Infrastructure Trust (KIT) on Tuesday reported a distribution per unit (DPU) of 0.93 Singapore cent for the fourth quarter ended Dec 31, 2018, unchanged from the year-ago period.
Profit attributable to unitholders more than doubled to S$20.4 million in the quarter from S$9.6 million a year ago, mainly due to higher contributions from its portfolio company Basslink, which owns and operates the Basslink Interconnector between the states of Victoria and Tasmania.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10