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KIT reports 9MFY2024 distributable income of $106.1 mil, 60.1% lower y-o-y

Felicia Tan
Felicia Tan • 2 min read
KIT reports 9MFY2024 distributable income of $106.1 mil, 60.1% lower y-o-y
Keppel Merlimau Cogen. Photo: KIT
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Keppel Infrastructure Trust (KIT) has reported a distributable income of $106.1 million for the 9MFY2024 ended Sept 30, 60.1% lower than the distributable income of $266.1 million in the 9MFY2023.

The lower distributable income is due to the absence of the special distribution of $131.2 million given out last year.

Adjusting for one-offs and timing differences, KIT’s 9MFY2024 distributable income would have been at $124 million after adjusting for fees, 11.2% lower y-o-y.

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