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NetLink NBN Trust Reports Stable Revenue Amid Profit Decline

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NetLink NBN Trust Reports Stable Revenue Amid Profit Decline

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NetLink NBN ( (SG:CJLU) ) has provided an update.

NetLink NBN Trust reported stable revenue for the nine months ending December 2024, with a slight reduction of $1.3 million primarily due to lower non-RAB revenue offset by higher installation-related income. The number of connections in various segments, including residential and non-residential, showed slight growth. However, EBITDA and profit after tax were down by 5.1% and 12.9% respectively, attributed to lower revenue, non-operating income, and higher operating costs compared to the previous period.

More about NetLink NBN

NetLink NBN Management Pte. Ltd. is the Trustee-Manager of NetLink NBN Trust, a business trust involved in providing broadband network services. The company operates primarily in Singapore, focusing on delivering residential, non-residential, NBAP, and segment connections.

YTD Price Performance: 0.79%

Average Trading Volume: 900

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.47B

For detailed information about CJLU stock, go to TipRanks’ Stock Analysis page.

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