Busier Q2 gives Netlink's net profit a 24.1% lift

Singapore

NATIONAL broadband operator NetLink NBN Trust's net profit for the second quarter ended September rose 24.1 per cent on higher residential connections revenue and installation-related revenue.

Its bottom line stood at S$23.2 million for Q2 FY2020, an improvement from S$18.7 million for the corresponding quarter a year ago, announced its trustee-manager NetLink NBN Management on Friday.