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NetLink NBN's quarterly profit exceeds projections by nearly 12%

Tuesday 14 May 2019 | 11:11 CET | News
NetLink NBN Management reports that its EBITDA and profit after tax for the three months to 31 March 2019 (Q4 FY19) exceeded projections by 1.6 percent and 11.7 percent, respectively. For the financial year ended 31 March 2019, EBITDA and profit outperformed projections by 3.2 percent and 17.8 percent, respectively. According to company CEO Tong Yew Heng, its financial performance and distributions to Unitholders have exceeded IPO projections for the year, supported mainly by a strong increase in residential connections and diversion project income. For the upcoming financial year, NetLink

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Categories: Fixed
Companies: NetLink Trust
Countries: Singapore
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