NetLink NBN Trust has announced a Distribution Per Unit (DPU) of 2.71 Singapore cents for the half-year ending 30 September 2025, marking a 1.1% increase from the previous period. The rise in DPU is attributed to a revenue increase of $2.3m, reaching $207.1m, primarily due to higher ancillary project and co-location revenues.
The company’s core fibre business remains resilient, with ancillary project revenue up by $2.2m, reflecting the completion of more government projects. Co-location revenue also saw a $1.3m boost, supported by increased rack space take-up and a one-off cost recovery from the Nationwide Broadband Network upgrade. However, these gains were partially offset by a decline in connections revenue.
Despite a slight decrease in EBITDA due to increased operating expenses, the NetLink Group’s net cash from operating activities stood at $108.6m. Profit After Tax (PAT) fell by 10.2%, primarily due to higher depreciation and amortisation costs from the Seletar Central Office.
The NetLink Group remains committed to distributing 100% of its cash available for distribution semi-annually. Unitholders will receive their distribution on 28 November 2025, with the register closing on 17 November 2025.
Looking forward, the group plans to continue strategic investments to meet growing demand and enhance its fibre network infrastructure. It also aims to explore new opportunities in telecommunications and infrastructure-related businesses, aligning with its strategic objectives. The group is focused on cost management and operational excellence to support Singapore’s digital ambitions and maintain sustainable distributions.
