NetLink NBN Trust's DPU Rises 1.1% in Fiscal H1

MT Newswires

2024/11/05

NetLink NBN Trust (SGX:CJLU) posted a distribution per unit of SG$0.0268 in the fiscal first half ended Sept. 30, up 1.1% from SG$0.0265 declared a year ago.

Distributions attributable for the reporting period came in at SG$104.4 million, compared with SG$103.3 million in the year-ago period, according to a Monday bourse disclosure.

The trust reported a profit after tax of SG$48.5 million, down 8.3% from SG$52.9 million a year earlier, while revenue inched down year on year to SG$204.8 million from SG$205.3 million.

The distribution will be paid out to unitholders on Nov. 29.

NetLink NBN Trust designs, builds, owns and operates passive fiber network infrastructure.

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