Brookfield Infrastructure Partners L.P. (BIP: Quote) posted second-quarter funds from operations, or FFO, of $111 million or $0.60 per unit versus $102 million or $0.65 per unit last year.
For the quarter, the company reported net loss of $26 million or $0.14 per unit compared to net income of $26 million or $0.17 per unit a year ago.
Total operating platforms - revenues less direct costs - were up to $201 million from last year's $185 million.
Additionally, the company said its Board of Directors has declared a quarterly distribution in the amount of $0.375 per unit, payable on September 28, 2012 to unitholders of record as at the close of business on August 31, 2012.
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by RTT Staff Writer
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