SINGAPORE (Sept 3): Bad publicity and fines do not seem to have hurt national fibre-optic broadband infrastructure provider Netlink NBN Trust. A year after listing on the Singapore Exchange, as part of an Infocomm Media Development Authority of Singapore arrangement for Singapore Telecommunications to pare down its stake, Netlink has beat its own earnings and dividend payout estimates. For FY2018 ended March 31, Netlink reported earnings that exceeded its forecast by nearly 11%, at $50 million. That allowed the trust to distribute 5% more per unit for the year than projected, at 3.24 cents a unit.

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