HKT profit climbs 4% to $2.07b in H1

Revenue grew by 4% to $17.322b.

Hong Kong Telecom saw a “solid” performance, with it profit attributable to shareholders increasing by 4% to $2.070b in the first half of the year.

Total revenue recorded a 4% growth to $17.322b, thanks to the 5% surge of mobile service and business.

The 7% overall cost savings contributed by AI usage resulted 3% growth in total earnings before interest, tax, depreciation and amortization(EBITDA) to $6.380b

Profit attributable to shareholders of stapled units increased by 4% to HK$2,070m, an interim distribution of 33.80 HK cents per share stapled unit was recommended.

With active AI users over 60%, HKT personalised services to customers with the help of AI, the number of customers subscribing to three or more services growing by over 13%.

The company gained 45,000 year on year (YoY) in mobile business in a post-paid base, reaching a total of 3.478 million as at the end of June despite market competition.

Customers with the same base on 5G plans added 54% to 1.894 million at the end of June, a 21% increase YoY.

Total roaming revenue grew by 7% YoY benefitting from tailored roaming offerings, consumer outbound remained the key driver, reaching pre-pandemic levels of 141%.

Broadband revenue added 3% as robust demand came from high-bandwidth, ultra-low latency fiber services.

Now TV's OTT subscriber base grew 17%, driven by the launch of multiple sports and entertainment packages tailored to smart device viewing.

Despite market challenges, local data revenue from the enterprise business grew 11%. HKT successfully delivered over 130 projects in H1 2025, encompassing technologies such as 5G, artificial intelligence, and the Internet of Things (IoT).

The Enterprise Solutions division secured new projects valued at over $2.2b in Q2 2025. These projects will be delivered over the next 6 to 12 months and will drive future revenue growth.

Meanwhile, enterprise business in mainland China also recorded strong growth of 13% due to continue assistance to mainland Chinese enterprises in expanding internationally.

During H1 2025, despite continued challenges facing Hong Kong’s economy, all HKT’s main business lines demonstrated resilience, said the company.