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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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