Keppel Infrastructure Trust Reports 60% Drop in Distributable Income for January-September Period

MT Newswires
2024-10-23

Keppel Infrastructure Trust's (SGX:A7RU) distributable income for the first nine months of 2024 was down 60.1% to SG$106.1 million from SG$266.1 million in the year-ago period, a filing with the Singapore Exchange said on Wednesday.

Total cash stood at SG$459.8 million as of Sept. 30, down from SG$482.6 million as of Dec. 31, 2023.

Value of total assets came in at SG$6.19 billion as of Sept. 30 compared with SG$5.62 billion as of Dec. 31, 2023.

Shares of the trust were down over 2% in recent trading.

Price (SGD): S$0.46, Change: S$-0.0100, Percent Change: -2.13%

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