Keppel Infrastructure Trust Reports 29% Drop in H2 2024 Attributable Profit

MT Newswires

02-04

Keppel Infrastructure Trust's (SGX:A7RU) profit attributable to unitholders declined 29% to SG$52.2 million in the second half of 2024 from SG$73.5 million a year earlier, a filing with the Singapore Exchange said on Tuesday.

Earnings per unit declined to SG$0.0088 from SG$0.0131 a year ago.

Revenue was up 25% year over year to SG$1.21 billion from SG$972.3 billion in the year-ago period.

Assets under management grew by 22% to SG$9.0 billion as at Dec. 31, 2024.

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