SINGAPORE (Aug 3): NetLink NBN Trust reported earnings of $19 million for 1Q19, 26.9% higher than the projected $15 million as disclosed in the group’s IPO prospectus.

Revenue for the quarter exceeded forecasts by 2.8% at $86.1 million compared to the projected $83.8 million based on higher-than-projected diversion revenue and ducts & manholes service revenue.

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