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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