- Keppel Infrastructure Trust (SGX:A7RU) has reported another strong set of results for 1H23, in line with our expectations. EBITDA (excluding one-off acquisition-related cost and fair value loss on the investment in Aramco Gas Pipeline Company (AGPC)) and distributable income (DI) grew by 42.8% and 51.8% y-o-y to S$246.3m and S$132.9m respectively.
- - Read this at SGinvestors.io -
Energy Transition & Environmental Services segments registered positive growth
- - Read this at SGinvestors.io -
- Distributable income from the environmental services segment grew at a slower 3.7% y-o-y from S$37.5 in 1H22 to S$38.9m in 1H23.
Distribution & Storage segment weighed down by currency fluctuations
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2023-07-28
Read also OCBC's most recent report:
2024-11-18 Keppel Infrastructure Trust - Keeping Both Oars In The Water.
Previous report by OCBC:
2024-10-23 Keppel Infrastructure Trust - Murky Figures Due To One-offs & Timing Differences.
Price targets by other brokers at Keppel Infra Trust Target Prices.
Listing of research reports at Keppel Infra Trust Analyst Reports.
Relevant links:
Keppel Infra Trust Share Price History,
Keppel Infra Trust Announcements,
Keppel Infra Trust Dividends & Corporate Actions,
Keppel Infra Trust News Articles
