Staff Reporter
,
Singapore
Logo from Netlink NBN
The company attributed the increase to higher revenue.
Netlink NBN Trust declared a 1.1% YoY higher distribution per unit (DPU) of $0.0530 in FY24 on the back of higher revenue.
Revenue for the period was $411.3m, 1.9% higher than the FY23 record.
The company attributed its revenue growth to its residential connection segment, which reported a $3.3m revenue increase.
Apart from improved revenue, the company also reported a 1.1% YoY higher profit after tax of $103.2m and distributions attributable of $206.5m, up 1.1% YoY.
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