NetLink's 9-month profit jumps nearly 10% on higher residential revenue

Tuesday 11 February 2020 | 02:59 CET | News
Singapore-based NetLink Group saw its profit after tax jump 9.6 percent year-on-year to SGD 21.5 million for the three months ended 31 December 2019. Revenue rose 2.9 percent year-on-year to SGD 91.6 million. This increase was mainly due to higher residential revenue, partially offset by lower installation-related revenue, diversion revenue as well as ducts and manhole service revenue, the company said.

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Categories: Fixed
Companies: NetLink NBN / NetLink NBN Trust / NetLink Trust
Countries: Singapore
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