This was due to higher depreciation from a larger asset base and higher net finance costsNetLink NBN Trust's revenue rose 1.6% year on year to S$313 million, from S$308.2 million. PHOTO: BT FILE[SINGAPORE] Fibre infrastructure provider Netlink NBN Trust posted a 11.8 per cent drop in net profit to S$65.4 million for the nine months ended Dec 31, from S$74.1 million in the previous corresponding period. Depreciation and amortisation rose 6 per cent to S$138.9 million, compared with S$131.1 million the previous year. Revenue rose 1.6 per cent year on year to S$313 million, from S$308.2 million. This was due to higher co-location revenue and higher ancillary project revenue, but was partially offset by lower connections, lower ducts and manholes service revenue and lower central office revenue.