NetLink NBN Management Pte. Ltd., the Trustee-Manager of NetLink NBN Trust, announced a decline in its EBITDA to $69.1m for the first quarter of the financial year 2027, ending 30 June 2026. This represents a $2.8m decrease from the same period last year, attributed to higher operating expenses.
The company’s total revenue for Q1 FY27 fell by $1.5m year-on-year, primarily due to a reduction in non-Regulated Asset Base (RAB) revenue. This decline was driven by lower installation-related revenue, although it was partially offset by an increase in ancillary project revenue. Despite stable RAB revenue, the overall financial performance was impacted by these factors.
Profit After Tax (PAT) also saw a significant decrease, dropping by $5.2m, largely due to increased depreciation from a larger asset base. As of 30 June 2026, NetLink NBN Trust reported 1,519,269 residential connections, 51,459 non-residential connections, 3,603 NBAP connections, and 4,330 Segment connections. Whilst residential connections remained stable, non-residential connections experienced a decline due to end-user churn among Requesting Licensees.
NetLink NBN Trust, which plays a crucial role in Singapore’s Nationwide Broadband Network, continues to provide extensive fibre network infrastructure across the region. The Trust was listed on the Singapore Exchange in July 2017 and is part of several key indices.
