Keppel Infrastructure Trust keeps Q3 DPU unchanged at 0.93 cent
Singapore
KEPPEL Infrastructure Trust (KIT) on Monday reported a distribution per unit (DPU) of 0.93 Singapore cent for the third quarter of 2019 despite improvements year on year in its distributable cash flow (DCF), revenue and net profits.
The trust with businesses in the three sectors of energy; distribution & network; and waste & water reported a 61 per cent year-on-year increase in DCF from S$34.6 million to S$55.7 million for the three months ended Sept 30.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife says private placement is to address urgent cash needs
TSMC keeps sales growth up in April as AI drives 60% jump
OCBC CEO confident on 2024 performance as Q1 profit rises 5% to S$1.98 billion
Europe’s rush for rate cuts shifts global market power away from US
A$90 billion Australia pension reviews investments as Israel-linked firms face pressure
JPMorgan says India index inclusion on track, clients ready