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KIT sinks into the red but maintains Q1 DPU at 0.93 cent

Published Mon, Apr 15, 2019 · 09:50 PM

Singapore

KEPPEL Infrastructure Trust (KIT) on Monday reported a flat total distribution per unit (DPU) of 0.93 Singapore cent for the first quarter of 2019.

But it sank into the red with a net loss of S$16.2 million due to transaction cost in relation to the acquisition of Australian chemicals group Ixom.

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