- NetLink Trust's 2HFY25 revenue fell 1.8% y-o-y to S$202.2m, mainly dragged by lower contributions from ancillary project revenue due to fewer work orders, and connections revenue following a decrease in the monthly recurring charge, partially offset by the growth in connection numbers.
2HFY25 net profit missed expectations but DPU in-line
- - Read this at SGinvestors.io -
- Installation and other revenue also grew 8.9% y-o-y, driven primarily by a higher volume of residential service activations in line with the increase in connection orders.
- - Read this at SGinvestors.io -
FY25 DPU was up 1.1% y-o-y, albeit with a lower net profit
- Despite lower net profit, a final distribution of 2.68 Singapore cents per unit was declared, up 1.1% y-o-y. This brings full year NetLink Trust's distribution per unit (DPU) to 5.36 Singapore cents, up 1.1% y-o-y, underscoring the management’s commitment to stable DPU growth. See NetLink Trust's distribution payout dates.
Strong growth in NBAP and segment connections.
- Read more at SGinvestors.io.
