Singapore Stock Market News

NetLink NBN Trust - Resilient 2Q18 results validate stable nature of the business

StockFanatic
Publish date: Tue, 07 Aug 2018, 01:00 PM
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• 1Q19 EBITDA of S$61m (+7% q-o-q) was 4.5% ahead of IPO projections but in line with ours

• Higher diversion revenue coupled with lower than expected staff and depreciation costs caused the variance

Maintain BUY with unchanged TP of S$0.87. Read More
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