HKT announces 2024 results, names Zhao Xingfu as director

HKT (HKEX: 6823) has released its annual results for the year ended December 31, 2024, showcasing a 1% increase in total revenue to HK$34.753 billion. Excluding mobile product sales, revenue grew by 2% to HK$32.031 billion. The company's EBITDA expanded by 3% to HK$13.743 billion, boosted by efficiency improvements and AI deployment. Profit attributable to shareholders rose by 2% to HK$5.070 billion, resulting in basic earnings per share of 66.92 HK cents. The board recommends a final distribution of 45.88 HK cents per share.