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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.
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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.

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