Home News Results

Netlink reports slight fall in revenue for 9M21, but higher profits and EBITDA

Lim Hui Jie
Lim Hui Jie2/24/2021 6:11 PM GMT+08  • 2 min read
Netlink reports slight fall in revenue for 9M21, but higher profits and EBITDA
Netlink NBN Trust has reported a 0.5% drop in revenue, but a 3.6% growth in EBITDA and 5.9% rise in PAT for 9MFY2021.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Netlink NBN Trust has reported that its earnings before interest, taxes, depreciation, and amortization (EBITDA) and profit after tax (PAT) for the 9MFY2021 ended December has increased by 3.6% and 5.9% respectively, compared to the corresponding period a year ago.

EBITDA and PAT for 9MFY2021 - which includes government grants - came in at $209.9 million and $69.5 million, compared to the 9MFY2020 figure of $202.6 million and $65.6 million.

The Trust revealed revenue for 9MFY2021 decreased marginally by S$1.5 million as compared to 9MFY2020, mainly due to lower installation-related revenue, but this was offset by higher residential, Non-Building Address Point (NBAP) and segment connections revenue.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.