The concessions, comprising Senoko WTE, Tuas WTE, SingSpring Desalination and Ulu Pandan NEWater plants, saw quarterly revenue fall to $23.8 million compared to $24.7 million a year ago due to the absence of construction revenue recognised from the Senoko boiler upgrade, which completed in 3Q16.
SINGAPORE (Jan 22): The trustee-manager of Keppel Infrastructure Trust (KIT) has declared a distribution per unit (DPU) of 0.93 cent for the 4Q ended Dec 2017, unchanged from a year ago and bringing total DPU for FY17 to 3.72 cents.
Group revenue for the quarter grew 3.9% to $158.1 million from $152.2 million in 4Q16, mainly due to higher revenue from City Gas and Basslink, offset in part by lower revenue contributions from, the concessions, CityNet and Keppel Merlimau Cogen (KMC).
