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HKT Trust and HKT (6823) investor relations material
HKT Trust and HKT H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue rose 8% year-over-year to HK$18,685 million (US$2,396 million), with EBITDA up 3% to HK$6,586 million (US$844 million) and profit attributable to holders of Share Stapled Units up 4% to HK$2,153 million (US$276 million).
Growth was driven by broadband upgrades, 5G expansion, enterprise AI solutions, and exclusive content offerings.
Maintained business resilience and captured new opportunities in AI, 5G, broadband, and enterprise solutions.
Strategic focus on AI ecosystem, leveraging infrastructure and customer relationships to drive growth.
Exclusive broadcast rights for FIFA World Cup 2026™ and Premier League extended to 2031, boosting pay TV and cross-selling opportunities.
Financial highlights
Total revenue: HK$18,685 million (+8% year-over-year); revenue excluding mobile product sales: HK$16,831 million (+3%).
EBITDA: HK$6,586 million (+3%); EBITDA margin: 35% (39% excluding mobile product sales); AFF: HK$2,639 million (+3%).
Profit attributable to holders of Share Stapled Units: HK$2,153 million (+4%); basic EPS: 28.41 HK cents.
Interim distribution per Share Stapled Unit: 34.80 HK cents.
Product sales surged 83% to HK$238 million, driven by handset demand.
Outlook and guidance
Management expects continued growth, leveraging AI infrastructure and digital transformation trends.
Ongoing investment in network upgrades and AI capabilities, with pre-funded capital expenditure from anchor customers.
Disciplined capital investments with capex to revenue ratio improved to 5.6%.
Positive business momentum anticipated for the full year barring unforeseen circumstances.
Focus on sustainable returns and alignment with Hong Kong’s innovation and technology development plans.
- Roaming recovery and enterprise growth lifted FY 23 EBITDA and AFF by 3%.6823
H2 2023 - Revenue and EBITDA up, driven by broadband, 5G, and enterprise growth.6823
H2 2025 - Revenue, EBITDA, and profit rose year-over-year, with robust enterprise and 5G momentum.6823
H1 2025 - Revenue and EBITDA up, driven by broadband, 5G, and enterprise growth; interim distribution raised.6823
H1 2024 - Revenue and EBITDA up, with 8% enterprise and 25% 5G growth, and improved leverage.6823
H2 2024
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