KIT sinks into the red but maintains Q1 DPU at 0.93 cent
Add BT as a preferred source
Tay Peck Gek
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
