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Netlink reports $85.1 mil profit after tax for 9MFY2024, 4% higher y-o-y

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
Netlink reports $85.1 mil profit after tax for 9MFY2024, 4% higher y-o-y
Revenue for the period increased by 3.2% to $9.6 million. Photo: Bloomberg
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Netlink NBN Trust has delivered 4% higher profit after tax for its 9MFY2024 ended December at $85.1 million, compared to $81.8 million recorded in the previous corresponding period.

Revenue for the period increased by 3.2% to $309.4 million, mainly due to higher connection revenue across all segments and higher installation-related revenue. This was partially offset by higher operating costs.

Ebitda for 9MFY2024 stood at $228.5 million, 3.9% higher y-o-y due to higher revenue and one-off reversal of operating costs following a resolution of disputed power charges.

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