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NetLink NBN Trust's maiden payout will be more than forecast

Annabeth Leow

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.

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Companies & Markets

NetLink NBN Trust's maiden payout will be more than forecast

Annabeth Leow

KEYWORDS IN THIS ARTICLE

Companies & Markets

Porsche posts Q1 profit drop on ramp-up costs

IBM plots US$730 million expansion of Canadian semiconductor site

Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early

Yeo Guat Kwang, John Chen retiring from corporate boards

US: Wall St opens higher

Air China orders homegrown C919s in challenge to jet duopoly

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