- Keppel Infrastructure Trust (SGX:A7RU) recorded a distributable income of S$73.9m in 1Q23, up 66% y-o-y but down 13% q-o-q, as core EBITDA (excluding one-offs) grew 40% to S$125.9m.
- The big y-o-y jump was driven by new acquisitions completed in FY22 – Aramco Gas Pipelines (AGPC), the wind farm assets in Europe, and waste management player EMK in South Korea, which together contributed S$36.4m or 38.5% of distributable income in 1Q23.
- - Read this at SGinvestors.io -
Strategic review of Ixom put off for now
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