$Kep Infra Tr (A7RU.SG)$ (KIT) on reported a jump in distributable income of 27.7% to S$65 million, from S$50.9 million in the previous corresponding period. Q1 distributable income will decrease by 31.9% on the year to S$45.5 million after adjusting for one-off costs. As at Mar 31, KIT’s net gearing stood at 40.8%, with interest coverage ratio at 6.8 times😱
$Kep Infra Tr (A7RU.SG)$ i dont understand. increased in distributable income should be good news? why is the stock dropping instead? can anyone shed some light?
NIMOH
:
I think if we look beyond the headline of the 27.7% increase in Distributable Income, a large chunk of it came from the gain on divestment of Philippine Coastal. Without this one-off event, 1Q 2025 would be worse off compared with 1Q 2024.
Good morning mooers! Here are things you need to know about today's Singapore markets: - Singapore shares opened higher on Friday - Stocks Fall Despite Better-Than-Expected Q4 U.S. GDP - Singapore Tops Sea Tech VC Deals Despite 21% Funding Decline - Stocks to watch: 9CI, U96 and etc. - Latest share buy back transactions Market Snapshot Singapore shares opened higher on Friday: Today's Volume / Value: ...
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Ryebread : I hope so too
101576178 : Is this company good.