Ebitda for the period increased by 11.7% y-o-y to $219.8 million. The higher ebitda and profit after tax was also attributable to the $12.4 million remeasurement loss recorded from the remeasurement of finance lease receivables due to the change in rental rates upon the renewal of the central office lease agreements in the 9MFY2022.
On a like-for-like basis, 9MFY2023 ebida would have been 5% higher y-o-y due to the higher revenue.
As at Dec 31, 2022, the trust had 1.48 million residential connections and 5,233 NBAP and segment connections, which was 1.56% and 32.1% y-o-y higher respectively.
Shares in Netlink closed flat at 85.5 cents on Feb 13.
