HKBN declares higher final dividend amid strong FY25 performance

HKBN Ltd. announced a final dividend of HK$0.189 per share for the fiscal year ended August 31, 2025, an increase from HK$0.165 per share in FY24. The dividend, proposed after the reporting period, will be payable around January 6, 2026, to shareholders on record as of December 30, 2025. The company targets paying dividends amounting to not less than 75% of its adjusted free cash flow.

This decision follows a strong financial performance for FY25, with total revenue growing 4% year-on-year to $11,129 million. Notably, EBITDA increased by 4% to $2,451 million, and net profit surged from $10 million to $207 million, driven by stronger EBITDA and lower finance costs. Adjusted free cash flow also rose by 9% to $677 million.

The company's enterprise solutions revenue grew by 15% to $5,531 million, while residential solutions revenue remained stable at $2,333 million, supported by customer retention and service enhancements. The board's approval for the final dividend is subject to shareholder approval at the annual general meeting on December 16, 2025.