Keppel Infrastructure Trust

Keppel Infrastructure Trust

KPLIF
Keppel Infrastructure TrustUS flagOther OTC
0.42
USD
- -
- -
2.53BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.34
0.33
0.32
0.15
0.16
0.16
0.31
0.3
0.31
0.4
0.38
0.38
0.37
0.32
Basic EPS, GAAP
0.01
- -
- -
0.01
0.01
0.01
0.01
- -
-0.02
0.01
0.03
0.02
0.02
0.02
Free Cash Flow per Basic Share
0.07
0.05
0.06
0.02
0.02
0.04
0.06
0.06
0.04
0.04
0.04
0.04
0.03
0.07
Dividend per Share
0.03
0.03
0.03
0.04
0.04
0.04
0.03
0.03
0.04
0.04
0.08
0.04
0.04
0.04
Book Value per Share
0.23
0.23
0.12
0.32
0.29
0.27
0.32
0.29
0.34
0.31
0.26
0.28
0.26
0.31
Tangible Book Value per Share
-0.03
-0.02
-0.12
0.18
0.16
0.14
0.13
0.08
0.16
- -
- -
- -
-0.01
0.11
Basic Weighted Avg Shares
1,557
1,557
1,546
3,925
3,925
3,877
5,016
5,016
5,015
5,016
5,410
5,774
6,085
5,017
Sales/Revenue/Turnover
524
521
502
581
632
637
1,567
1,499
1,575
2,006
2,036
2,214
2,277
1,622
Operating Margin (%)
18.8
12.72
15.18
18.03
22.39
19.14
7.25
10.18
8.46
8.66
9.65
8.99
10.58
9.24
Depreciation Expense
55
52
45
114
105
103
173
178
175
157
205
218
221
194
Net Income, GAAP
18
-2
-1
41
48
32
46
-20
-107
28
140
93
130
98
Effective Tax Rate (%)
23.67
81.91
66.37
6.35
2.42
- -
39.43
35.62
40.13
112.05
16.93
30.26
28.33
10.84
Profit Margin (%)
3.48
-0.4
-0.15
7.09
7.53
5.02
2.96
-1.34
-6.81
1.4
6.88
4.19
5.7
6.05
Working Capital
41
123
174
-421
-431
-712
-677
-41
802
-89
576
475
-107
21
LT Debt
1,222
1,160
1,138
1,319
1,332
1,000
1,135
1,853
1,935
2,421
2,917
3,195
2,479
1,835
Total Equity
365
366
199
1,454
1,312
1,178
1,714
1,494
1,740
1,907
1,832
2,008
1,900
1,609
Return on Invested Capital (%)
4.26
0.7
1.68
4.01
4.01
- -
1.86
2.4
2.03
-0.47
3.25
2.71
3.17
3.15
Return on Capital (%)
3.38
0.26
0.97
6.76
5.03
- -
4.13
1.51
-0.84
1.02
6.34
5.2
5.63
5.56
Return on Common Equity (%)
4.67
-0.59
-0.28
5.71
3.95
2.9
3.46
-1.32
-6.81
1.71
9.19
5.8
7.84
6.04

Capital Structure

FRC

in mil. unless spec.
Dec'19
Mar'20
Jun'20
ST Debt
1,332
1,332
688
LT Borrowings
1,053
1,043
1,755
LT Finance Leases
82
80
79
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,019
5,018
5,015
Market Capitalization
2,433
2,497
2,517

Working Capital

FRC

in mil. unless spec.
Dec'19
Mar'20
Jun'20
Total Current Assets
1,029
1,015
1,054
Cash, Cash Equivalents & STI
445
416
473
Accounts Receivable, Net
248
339
308
Inventories
199
189
209
Total Current Liabilities
1,706
1,680
1,033
Payables & Accruals
- -
- -
- -
ST Debt
1,332
1,332
688
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
67.07%
5.27%
-5.39%
Free Cash Flow
15.14%
-8.59%
-19.82%
Net Income, GAAP
-500.3%
142.42%
40.02%
Sales/Revenue/Turnover
21.24%
9.11%
2.86%
Total Cash Common Dividend
28.21%
16.98%
1.1%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
482
491
- -
2,036
2024
- -
- -
- -
- -
2,214
2025
- -
- -
- -
- -
2,277

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
0.01
- -
- -
0.03
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
0.02

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
0.01
- -
- -
0.08
2024
- -
- -
- -
- -
0.04
2025
- -
- -
- -
- -
0.04

Company Description

CEO
Tzu Chao Neo
Full Time Employees
15
Sector
Basic Materials
Industry
Chemicals - Specialty
Address
1 HarbourFront Avenue Singapore CE Singapore 098632
IPO Date
Aug 10, 2011
Business
Keppel Infrastructure Trust (KIT) is a diversified business trust listed on the Singapore Exchange that invests in strategic infrastructure businesses and assets, providing essential products and services across energy transition, environmental services, distribution and storage, and digital infrastructure segments. Constituted on 5 January 2007 and managed by Keppel Infrastructure Fund Management Pte Ltd, the Trust is sponsored by Keppel Ltd and headquartered at 230 Victoria Street #05-08 Bugis Junction Towers, Singapore. KIT's portfolio, with approximately S$8.7 billion in assets under management, serves a wide array of customers including government agencies, multinational corporations, commercial and industrial enterprises, and retail consumers primarily in Singapore, Australia, and other Asia-Pacific regions. The Trust's core offerings encompass production and retailing of town gas and natural gas; operation of subsea electricity interconnectors; supply and distribution of water treatment chemicals, industrial and specialty chemicals, and petroleum product storage; essential bus services; concessions for desalination plants, water treatment plants, and waste-to-energy facilities; tolling arrangements for power plants; renewable energy assets targeting 2GW capacity by 2030; and digital infrastructure solutions such as subsea cable systems. Recent developments include the completion of a US$90.6 million co-investment in Global Marine Group alongside Keppel Infrastructure Fund in November 2025 to expand digital infrastructure capabilities; acquisition of a 50% stake in Marina East Water Pte Ltd in November 2024 for S$323 million; full completion of the Ventura Motors Pty Ltd acquisition in June 2024, boosting assets under management to S$8.8 billion and advancing electric vehicle bus electrification; divestment of a partial stake in Ventura for A$130 million in June 2025; sale of 50% stake in Philippine Coastal Storage & Pipeline Corporation completed in March 2025; a concession extension for the SingSpring Desalination Plant awarded by PUB in December 2025; and the fifth closing of a solar portfolio investment in Germany in March 2025.

Company News

  • Keppel Infrastructure Trust (KPLIF) Q2 2026 Earnings Call Transcript

  • Keppel Infrastructure Trust (KPLIF) Q4 2025 Earnings Call Transcript