Keppel Infrastructure Trust sinks into the red with $16.21m loss in Q1 2019

Submitted By:  Arianna Danganan Case Study:  No The $775m acquisition cost of Ixom hit profits hard. Keppel Infrastructure Trust (KIT) reversed from a $7.5m profit in 2018 to a $16.21m in loss in Q1 2019 following the heavy acquisition cost of chemical firm Ixom, an announcement revealed. read more