Keppel Infrastructure Trust (KPLIF) Q4 2025 Earnings Call February 2, 2026 9:30 PM EST
Company Participants
Marilyn Tan
Tzu Chao Neo – Chief Executive Officer of Keppel Infrastructure Fund Management Pte. Ltd.
Teong Ming Bay – Chief Financial Officer of Keppel Infrastructure Fund Management Pte Ltd
Conference Call Participants
Shekhar Jaiswal – RHB Research Institute Sdn Bhd
Ezien Hoo – OCBC Bank, Research Division
Jialin Li – CGS International
Suvro Sarkar – DBS Bank Ltd., Research Division
Presentation
Marilyn Tan
Good morning, everyone. Welcome to the FY ’25 Results Audio Webcast for Keppel Infrastructure Trust, or KIT. I’m Marilyn from the Keppel IR and Sustainability team.
Let me introduce the KIT management team. We have with us this morning, CEO, Mr. Kevin Neo; CFO, Mr. Raymond Bay and Director of Portfolio Management, Mr. [indiscernible]. They will be making a presentation that will cover KIT’s FY ’25 highlights and business strategy, followed by the FY ’25 business and financial update. Please leave your questions for the Q&A session at the end of the presentation. For analysts who are joining us on the MS Teams platform, please check now that on mute before we start the presentation.
I will now hand the time over to Kevin for the presentation. Kevin, please.
Tzu Chao Neo
Chief Executive Officer of Keppel Infrastructure Fund Management Pte. Ltd.
All right. Thanks, Marilyn. Good morning, everyone, and thank you for joining us today. 2025 marks a 10th year of KIT’s trading commencement as an enlarged trust, and we are glad to report a strong KIT unitholder return of 36% in the last 10 years. This compares very well against the 61% achieved by the REIT index over the same period. With more than 18 years of infrastructure investment and management experience, KIT has built a strong track record and continues to grow through acquisitions and value creation. We have accumulated a portfolio of
