As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Click to email CW8888 or Email ID :

Welcome to Ministry of Wealth!

This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

It is here where I share with you how I did it! FREE Education in stock market wisdom.

Think Investing as Tug of War - Read more? Click and scroll down

Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday, 20 January 2014

K-Green Trust Unaudited Results For The Full Year Ended 31 December 2013


1. Excluding construction revenue arising from the flue gas treatment upgrade following its completion last year, Group revenue for FY 2013 was $67.1 million, 1.5% lower compared to FY 2012.

2. Profit after tax for FY 2013 was $14.2 million, contributing to earnings per unit (EPU) of 2.25 cents for the year. Excluding the contribution from the construction of the flue gas treatment upgrade last year, profit after tax was $0.3 million or 1.9% lower compared to FY 2012.

3. Net asset value per unit as at 31 December 2013 was $1.00.

4. Cash generated from operations remains healthy at $52.3 million for FY 2013.

5. Distribution per unit (DPU) for 2H 2013 will be maintained at 4.69 cents. Together with the distribution of 3.13 cents per unit for 1H 2013, total distribution for FY 2013 is 7.82 cents per unit, translating to a distribution yield of 7.5% based on the market closing price of $1.045 on 31 December 2013.

6. Mr Thomas Pang, CEO of Keppel Infrastructure Fund Management Pte Ltd, the Trustee-Manager of K-Green Trust, said, "K-Green Trust continues to deliver stable and predictable returns to our unitholders. As part of our asset enhancement program, we have installed a 1MWp solar photovoltaic (PV) system on the rooftops of Ulu Pandan NEWater Plant which has helped to reduce electricity intake from the grid, and operating cost of the plant. In 2014, we remain committed to driving growth through acquisitions and will continue to seek other asset enhancement opportunities and capacity expansion to improve the operating performance of our plants."

No comments:

Post a Comment

Related Posts with Thumbnails