Netlink NBN’s H1 profit dips 8.3% YoY to $48.5m on revenue decline

Revenue slipped by 0.2% YoY to $204.8m.

Netlink NBN’s profit after tax dipped by 8.3% YoY to $48.5m in H1 FY 2025 in tandem with revenue.

In H1, the company’s revenue declined by 0.2% YoY to $204.8m, driven by a decrease in ancillary project revenue following the completion of more government projects in the previous year’s corresponding period.

The higher installation-related and other revenue, co-location revenue and Central Office revenue, however, partially offset the decline.

Despite recording a lower profit, the company reported a 1.1% YoY higher distribution per unit of $0.0268.

Shareholders will receive their distributions on 29 November.

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