SINGAPORE (Nov 7): Analysts are remaining upbeat on NetLink NBN Trust, as Maybank KimEng and OCBC Investment Research are maintaining their “buy” calls on the trust with a target price of 93 cents and 90 cents, respectively.

This came on the back of the trust posting DPU of 2.44 cents for 1H19, as revenue increased by 172.9% to $176.7 million, compared to $64.8 million last year and 4.8% higher than projection.

This was mainly due to higher diversion revenue and ducts and manholes service revenue.

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