NetLink NBN Management Pte. Ltd., the Trustee-Manager of NetLink NBN Trust, has announced its financial results for the first quarter of the financial year 2026, ending 30 June 2025. The company reported a 1.9% increase in revenue, reaching $102.8 million, driven by higher ancillary project and installation-related revenue. However, EBITDA saw a 1.9% decline to $72.0 million due to increased operating expenses.
The Trust’s Profit After Tax (PAT) also fell by $2.4 million, attributed to the lower EBITDA and higher depreciation from an expanded asset base. As of 30 June 2025, residential connections totalled 1,513,231, with non-residential connections at 52,905. The quarter saw a slight decline in total connections, primarily due to the removal of inactive residential connections and end-user churn in the non-residential segment.
Despite these declines, growth in Non-Building Address Points (NBAP) and Segment connections was noted, supported by demand from Smart Nation and enterprise infrastructure projects. The Trust aims to continue expanding its network to support these initiatives, focusing on enhancing network resilience and extending coverage in northern Singapore.
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