- REITS : Keppel Infrastructure Trust (LH4U) - For the year ended 31 December 2014, , its revenue fell 2.5 percent to $65.5 million, because of lower finance and operations and maintenance income. Operating margin fell 1.9 percentage points from 21.9 percent in FY13 to 20 percent in FY14. Consequently, net profit fell 10.4 percent to $12.7 million. Earnings were lower due to higher output from the waste-to-energy plants and higher operation and maintenance tariffs as well as higher trust expenses. ...
As stock investors (even though a small one), it is important to keep abreast with the latest financial and market news. Since I am in it, I thought it might be worthwhile to share it out with my readers too.
Hence, I started this "Market News In 2 Minutes" series.
Following are the "Market News In 2 Minutes" for today :