Keppel Infrastructure Trust keeps Q3 DPU unchanged at 0.93 cent
Singapore
KEPPEL Infrastructure Trust (KIT) on Monday reported a distribution per unit (DPU) of 0.93 Singapore cent for the third quarter of 2019 despite improvements year on year in its distributable cash flow (DCF), revenue and net profits.
The trust with businesses in the three sectors of energy; distribution & network; and waste & water reported a 61 per cent year-on-year increase in DCF from S$34.6 million to S$55.7 million for the three months ended Sept 30.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
TikTok ultimatum puts US firms in firing line for China response
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
BHP targets Anglo American in bid valuing miner at US$39 billion
FTSE 100 hits record high on big mining M&A, earnings push
Hermes Q1 sales jump 17% on strong China demand
AstraZeneca leaps after smashing Q1 forecasts