HKBN reports strong growth, sustainable future in 2025 annual report

HKBN Ltd. reported a solid 4% year-on-year increase in total revenue, reaching HK$11.13 bn for the financial year ended August 31, 2025. This growth was driven by a 15% surge in enterprise solutions revenue to HK$5.53 bn, significantly boosted by its wholesale IDD business contributing approximately HK$500 million. Residential solutions revenue remained steady at HK$2.33 bn, with a 2% increase in average revenue per user (ARPU) to HK$186. The company also achieved a notable 4% EBITDA growth, reaching HK$2.45 bn.

The report also emphasized HKBN's strategic expansion in network infrastructure, with coverage extending to 2.6 million homes and 8,220 commercial buildings. Profit attributable to equity shareholders saw a substantial increase of over 100% to HK$206.86 million. The company achieved a 92.86% cumulative success rate in ESG-related remuneration programs and secured SBTi approval for its near-term science-based emissions reduction targets in FY24, further aligning its financial strategy with sustainability goals.