HKT reports growth, driven by 5G adoption and enterprise solutions

HKT's total revenue increased by 4% to HK$17,322m for the first half of 2025, with total revenue excluding mobile product sales also rising by 4% to HK$16,311m. Total EBITDA grew by over 3% to HK$6,380m, reflecting efficiency improvements from AI deployment. Adjusted funds flow climbed by 3% to HK$2,562m, and profit attributable to holders of Share Stapled Units increased by 4% to HK$2,070m, resulting in basic earnings of 27.32 HK cents per Share Stapled Unit.

The company saw a 21% increase in its 5G customer base, reaching 1.894m post-paid subscribers, contributing to a 5% growth in mobile services revenue. Broadband services expanded with FTTH connections growing by 3% to 1.055m, and 2.5G service adoption surged by 141%. The enterprise business achieved an 11% revenue growth, securing new project wins exceeding HK$2.2bn in the first half.

Net finance costs decreased by 19% to HK$885m, attributed to reduced borrowings and a downward trend in HIBOR. HKT declared an interim distribution of 33.80 HK cents per Share Stapled Unit.