Keppel Infrastructure Trust's distributable income falls in 2024

Its distribution and storage segment saw a 35.6% decrease.

Keppel Infrastructure Trust’s distributable income fell to $203m in financial year 2024, down from $316m in the same period last year, according to its unaudited financial report.

The company’s energy transition segment saw earnings rise to $150m, a 1.8% increase from $147m in 2023.

The distribution and storage segment also reported $99m, marking an increase of 35.6% from $73m in 2023.

However, its environmental services income fell to $69m, a decrease of 16.4% from $83m last year.

Overall, the asset subtotal increased to $319m, a 4.9% growth from $304m the previous year.

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