20 Jan 2020
Keppel Infrastructure Trust Unaudited Results for the Fourth Quarter and Full Year Ended 31 December 2019
The Directors of Keppel Infrastructure Fund Management Pte. Ltd., as Trustee-Manager of Keppel Infrastructure Trust, advise the following results of Keppel Infrastructure Trust for the fourth quarter and full year ended 31 December 2019.
Keppel Infrastructure Trust achieves a 33.7% YoY increase in distributable cash flow for FY 2019
Results Highlights
- Distributable cash flow (DCF) for the full year ended 2019 (FY 2019) was $188.7 million1, a 33.7% year-on-year (YoY) increase from FY 2018
- Distribution per Unit (DPU) for FY 2019 was 3.72 cents, translating to a distribution yield of 6.9%2
- Completed the divestment of Keppel Infrastructure Trust (KIT)’s 51% stake in DataCentre One in October 2019
1 Excludes Basslink as KIT does not depend on Basslink’s cash flows for distribution
2 Based on the market closing price per Unit of $0.540 as at 31 December 2019