Keppel Infrastructure Trust's DCF down 18.8% in Q3

Singapore

KEPPEL Infrastructure Trust (KIT) announced on Wednesday that its distributable cash flow (DCF) fell 18.8 per cent to S$45.2 million in its third quarter.

In a business update released after trading hours, it attributed the drop mostly to a fall in DCF for the distribution and network sector, which fell 32.9 per cent to S$22.98 million. Its waste and water segment also shrank 3.8 per cent to S$17.9 million. However, this was offset by the energy sector, which rose 15.7 per cent to S$12.5 million.