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.