NetLink's H1 revenue grows 5% on expanding residential connections

Monday 4 November 2019 | 14:18 CET | News
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Singapore's NetLink NBN Management, the Trustee-Manager of NetLink NBN Trust, has announced that its EBITDA and profit after tax for the half year ended 30 September 2019 (H1 FY20) increased by 10.6 percent and 17 percent, respectively, compared to the same period a year ago. NetLink Group achieved revenue of SGD 186.1 million in H1 FY20, which represents an increase of 5.3 percent year-on-year. This increase was mainly due to higher residential connections and installation-related revenue, partially offset by lower ducts and manhole service and diversion revenue, the company said.

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Categories: Fixed
Countries: Singapore
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