NetLink NBN Management Pte. Ltd., the Trustee-Manager of NetLink NBN Trust, has announced a 1.1% increase in its distribution per unit (DPU) for the financial year ending 31 March 2026 (FY26), reaching 5.42 Singapore cents. The company reported a revenue increase of 1.6% to $413.4m, driven by higher ancillary project revenue, although its EBITDA fell by 1.8% due to rising operating expenses.
The core fibre business of NetLink remained resilient, with stable Regulated Asset Base (RAB) revenue. However, the company faced challenges with a 12.6% decline in profit after tax, amounting to $83.3m. This decrease was attributed to higher depreciation, amortisation, and finance costs, partially offset by increased income tax credits.
NetLink’s operating cash flow remained robust, generating $258.8m, which supports its policy of distributing 100% of cash available for distribution semi-annually. Unitholders will receive a distribution of 2.71 Singapore cents per unit for the six months ending 31 March 2026, payable on 10 June 2026.
Despite the decline in profit, NetLink continues to focus on growth and network expansion, with significant investments in sustainability and operational excellence. The company has secured $120m in sustainability-linked credit facilities and issued $300 million in fixed-rate notes to enhance financial stability.
