SUBSCRIBERS
NetLink NBN Trust's maiden payout will be more than forecast
Published Mon, May 14, 2018 · 09:50 PM
Singapore
MISSED revenue forecasts plagued fibre operator NetLink NBN Trust in its first year of trading, according to fourth-quarter results on Monday.
The trust, which had its multibillion-dollar initial public offering last July, turned a net profit of S$15.29 million for the three months to March 31, or 6.4 per cent less than forecast.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit
Twilio forecasts quarterly revenue below estimates on weak enterprise spending
Fed’s Kashkari says rates likely on hold for ‘extended period’
South Korea’s Coupang slides after quarterly profit misses estimates
Manulife US Reit’s portfolio occupancy falls to 78.7% in Q1
FTX has billions more than needed to pay bankruptcy victims