HKT Trust and HKT
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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.
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H1 2026 earnings summary29 Jul, 2026

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.

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Frequently asked questions

HKT Trust and HKT Limited is a Hong Kong-based telecommunications and technology services provider offering a range of services, including mobile, broadband, fixed-line, and international telecommunications. Through its integrated telecommunications network, HKT serves residential, enterprise, and wholesale customers, providing mobile services under the CSL and 1O1O brands, as well as broadband and digital entertainment solutions. Additionally, the company offers information and communications technology (ICT) services, data center solutions, and smart city innovations, supporting both private and public sectors in digital transformation. HKT Trust and HKT Limited is headquartered in Hong Kong, and its shares are listed on the HKEX.