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NetLink posts 9.6% rise in Q3 net profit to S$21.5m
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Annabeth Leow
Published Mon, Feb 10, 2020 · 09:50 PM
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Singapore
FIBRE broadband operator NetLink NBN Trust saw third-quarter earnings lifted by rising home broadband connections, according to unaudited results released on Monday.
Net profit was up by 9.6 per cent to S$21.5 million year-on-year for the three months to Dec 31, while revenue ticked up by 2.9 per cent to S$91.6 million, with higher residential revenue eroded in part by lower contributions from other segments.
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