NetLink NBN Trust announced its unaudited results for the three months ended Jun, 30 2026 (Q1 FY27), posting EBITDA of 69.1 million Singapore dollars, down 4.0% from 72.0 million Singapore dollars in the same period a year earlier.
Total revenue slipped 1.4% year on year to 101.3 million Singapore dollars, as lower non-regulated asset base (non-RAB) revenue—chiefly lower installation-related fees—offset stable RAB revenue and higher ancillary project income. The EBITDA margin narrowed to 68.2% from 70.0%.
Profit after tax fell 22.4% to 18.1 million Singapore dollars, mainly attributed to higher depreciation expenses arising from a larger asset base and an increase in operating costs.
As of Jun, 30 2026, the group reported 1,519,269 residential connections, 51,459 non-residential connections, 3,603 NBAP connections and 4,330 segment connections. Residential gross additions remained steady, while non-residential connections declined due to end-user churn between requesting licensees.
The company reiterated that its nationwide passive fibre network remains the foundation of Singapore’s Nationwide Broadband Network, providing coverage to residential and non-residential premises across mainland Singapore and its connected islands.