Keppel Infrastructure Trust declares 2Q DPU of 0.93 cent

SINGAPORE (July 8): Keppel Infrastructure Trust has declared a distribution per unit (DPU) of 0.93 cent for the 2Q16 ended June. This brings 1H16 DPU to 1.86 cents.

Group revenue rose 0.5% to $268.6 million with the inclusion of contributions from the Crystal and KMC acquisitions after their acquisitions on last May and June respectively.

Half-year earnings attributable to unitholders came in at $16.6 million, up from $6.8 million a year ago. This was mainly due to the time lag in the adjustment of City Gas’ tariffs to reflect actual fuel cost last year.

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