KIT's first-quarter DPU steady at 0.93 cent
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
KEPPEL Infrastructure Trust (KIT) on Monday reported a distribution per unit of 0.93 Singapore cent for its first quarter ended March 31, 2017, unchanged from a year ago.
This reflects a distribution yield of 7.3 per cent as at end-March 2017. Distributable cash flows of S$34.2 million were S$5.9 million lower than the corresponding quarter a year ago, mainly due to a time lag in the adjustment of gas tariffs to reflect actual fuel cost at gas producer and retailer City Gas, as well as abortive expenses incurred by the trust over a potential acquisition.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
