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Keppel Infrastructure Trust reports flat 3Q DPU of 0.93 cent

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Keppel Infrastructure Trust reports flat 3Q DPU of 0.93 cent
SINGAPORE (Oct 16): The trustee-manager of Keppel Infrastructure Trust (KIT) has declared distribution per unit (DPU) of 0.93 cent for the 3Q ended September, unchanged from a year ago.
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SINGAPORE (Oct 16): The trustee-manager of Keppel Infrastructure Trust (KIT) has declared distribution per unit (DPU) of 0.93 cent for the 3Q ended September, unchanged from a year ago.

Group revenue for 3Q17 was flat at $160.3 million, as lower revenue from the concessions, Basslink, and CityNet was offset by higher revenue from City Gas.

The concessions, comprising Senoko WTE, Tuas WTE, SingSpring Desalination and Ulu Pandan NEWater plants, saw revenue fall 22.4% to $25.3 million in 3Q, from $32.6 million a year ago.

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