- Given NetLink’s current dominant position as the sole nationwide provider of residential fibre network in Singapore, we believe there is room to grow with the development of new residential areas.
- - Read this at SGinvestors.io -
1HFY25 results met our expectations.
- NetLink NBN Trust (SGX:CJLU)’s 1HFY25 revenue was down marginally by 0.2% y-o-y to S$204.8m, mainly dragged by lower contribution from ancillary projects as more government projects were completed in the same period last year. This was, however, partially offset by higher installation-related and other revenue, co-location revenue and Central Office revenue.
- - Read this at SGinvestors.io -
Distribution up 1.1% despite lower net profit
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
OCBC Research Team OCBC Investment Research | https://www.iocbc.com/ 2024-11-06
Previous report by OCBC:
2024-05-20 NetLink NBN Trust - Stable Distribution.
Price targets by 3 other brokers at NetLink Trust Target Prices.
Listing of research reports at NetLink Trust Analyst Reports.
Relevant links:
NetLink Trust Share Price History,
NetLink Trust Announcements,
NetLink Trust Dividends & Corporate Actions,
NetLink Trust News Articles
