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NetLink NBN Trust posts 1H DPU of 2.44 cents; earnings outperforms projections

Samantha Chiew
Samantha Chiew11/2/2018 06:28 PM GMT+08  • 2 min read
NetLink NBN Trust posts 1H DPU of 2.44 cents; earnings outperforms projections
SINGAPORE (Nov 2): NetLink NBN Trust, which listed on July 19, 2017, posted 1H19 DPU of 2.44 cents.
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SINGAPORE (Nov 2): NetLink NBN Trust, which listed on July 19, 2017, posted 1H19 DPU of 2.44 cents.

This came on the back of 1H19 earnings of $37.7 million, 21.4% higher than 1H19 projection of $31.1 million.

Revenue for the period increased by 172.9% to $176.7 million, compared to $64.8 million a year ago and 4.8% higher than the projection, mainly due to higher diversion revenue and ducts and manholes service revenue.

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