Keppel Infrastructure Trust (KIT) has reported a 0.2% dip in EBITDA y-o-y to $97.9 million from $98.1 million previously in its 1Q2021 ended March business update.

It also reported a 15.6% y-o-y growth in operational cash flows to $66.5 million from $57.5 million previously.

The increase in operational cash flow was driven by higher contribution from Ixom, which saw strong y-o-y performance on healthy demand from the construction, mining, dairy segments and higher demand for chlorine and caustic soda. Ixom also benefitted from the stronger Australian dollar for the period.

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