K-Green – CNA

SINGAPORE: K-Green Trust said its profit after tax achieved for the first quarter of 2011 was S$3.5 million – 5.4 per cent higher than its forecast.

No comparative figures were given as the business trust, managed by Keppel Infrastructure Fund Management, was listed on the Singapore Exchange on June 29, 2010.

The trust's earnings per unit for the three months ended March 31 was 0.56 Singapore cents.

The trust said its free cash flow for the quarter was S$9.5 million, while its net asset value per unit as at 31 March was S$1.12.

The trust owns waste treatment and NEWater facilities Senoko Plant, Tuas DBOO Plant and Ulu Pandan Plant.