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
ComfortDelGro appoints two new independent directors
Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing
NoonTalk needs continued financial support from CEO Dasmond Koh, auditors warn
DP Architects sets the benchmark for sustainability disclosure and design