By
K-Green Trust's profits for the first half of 2012 slipped by
0.53 per cent year-on-year to S$7.87 million, announced the company on
SGX on Monday.
Earnings per unit for this period was 1.25 Singapore cents. Distribution per unit to be paid will be 3.13 Singapore cents, unchanged from the same corresponding period last year.
Thomas Pang, CEO of Keppel Infrastructure Fund Management, K-Green's trustee-manager, said, "K-Green Trust continues to perform well in this period and remains committed to deliver stable, predictable and reliable distributions to its Uniholders."
He also expects K-Green's portfolio to remain stable as all three of its assets - Senoko Trust, Tuas DBOO Trust and Ulu Pandan Trust - have long-term concession agreements with the National Environment Agency and Public Utilities Board. Senoko Trust and Tuas DBOO Trust both derive most of their income from capacity payments which offer a stable source of income and are unlikely to be affected by fluctuations in the economy.
Earnings per unit for this period was 1.25 Singapore cents. Distribution per unit to be paid will be 3.13 Singapore cents, unchanged from the same corresponding period last year.
Thomas Pang, CEO of Keppel Infrastructure Fund Management, K-Green's trustee-manager, said, "K-Green Trust continues to perform well in this period and remains committed to deliver stable, predictable and reliable distributions to its Uniholders."
He also expects K-Green's portfolio to remain stable as all three of its assets - Senoko Trust, Tuas DBOO Trust and Ulu Pandan Trust - have long-term concession agreements with the National Environment Agency and Public Utilities Board. Senoko Trust and Tuas DBOO Trust both derive most of their income from capacity payments which offer a stable source of income and are unlikely to be affected by fluctuations in the economy.
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