SINGAPORE (Feb 11): Analysts remain bullish on NetLink NBN Trust, after the fibre network infrastructure operator posted a set of results for 3QFY2020 ended December that were within expectations.

NetLink Trust on Feb 10 reported a 9.6% jump in 3QFY2020 earnings to $21.5 million, as revenue rose 2.9% to $91.6 million on the back of higher residential revenue.

Residential connections revenue climbed 12.8% to $58.7 million in 3QFY2020 – accounting for 64.1% of total group revenue.

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