Keppel Infrastructure Trust (KIT) is a business trust listed on the Singapore Exchange. KIT’s stable base of strategic infrastructure assets in energy, distribution & network, and waste & water provides essential services to a wide range of customers including government agencies, multinational corporations, commercial and industrial enterprises. As at 31 December 2018, KIT has $$3.8 billion in assets under management.
Here are eight things I learned from the 2019 Keppel Infrastructure Trust:
1. Revenue increased 0.8% year-on-year to S$637.4 million in 2018. This was mainly contributed by City Gas as a result of higher town gas tariffs, which was offset by lower revenue from Basslink due to a service outage in March 2018 caused by a third party-contractor.
2. KIT has regrouped its assets into three segments: energy, distribution & network, and waste & water. Each segment generated S$129.1 million (20% of total revenue), S$414.8 million (65%), and S$93.5
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