(April 16 11:01) Sbr.com.sg
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.
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