Hutchison Telecommunications Hong Kong Holdings (215) investor relations material

Executive summary

• Achieved a profit attributable to shareholders of HK$6 million and EPS of 0.12 HK cents for 1H 2025, reversing a loss in 1H 2024.

• Total revenue rose 8% year-over-year to HK$2,216 million, driven by strong roaming and hardware sales.

• Interim dividend maintained at 2.28 HK cents per share, consistent with the prior year.

• Customer base expanded to 6.1 million, with 5G penetration reaching 57%.

• Prepaid subscriber growth drove total customer base up 44% year-over-year.

Financial highlights

• Net customer service revenue increased 4% year-over-year to HK$1,822 million.

• Roaming service revenue surged 30% to HK$399 million, offsetting a 2% decline in local service revenue.

• Hardware revenue grew 32% to HK$394 million, driven by flagship device sales.

• EBITDA rose 6% to HK$771 million; EBIT turned positive at HK$6 million from a loss of HK$30 million in 1H 2024.

• Profit before taxation increased 118% to HK$48 million.

Outlook and guidance

• Plans to strengthen roaming business by leveraging international travel rebound and the 3 Group's network.

• Focus on expanding managed IT services for SMEs and enhancing cybersecurity through new offerings.

• Continued investment in network infrastructure, operational efficiency, and sustainability initiatives.

• Emphasis on disciplined financial management to support long-term value creation and shareholder returns.