426 view s
Photo by SevenStorm JUHASZIMRUS via Pexels

Keppel Infrastructure Trust's distributable income falls to $106.1m in 9M2024

Its environmental services segment also saw a 16.4% decrease.

Keppel Infrastructure Trust’s distributable income fell to $106.1 m for the first nine months of 2024, down from $266.1m in the same period last year, which included a special distribution of $131.2m.

In its financial breakdown, the company’s energy transition segment saw earnings rise to $109.9m, a 2.7% increase from $107m in 2023.

However, its environmental services income fell to $48.2m, a decrease of 16.4% from $57.7m last year.

The distribution & storage segment also reported $29.9m, marking a decline of 34.6% from $45.6,m in 2023.

Overall, the asset subtotal decreased to $188m, a 10.6% drop from $210.3m the previous year.

 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!