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HKBN ( (HK:1310) ) has shared an announcement.
HKBN Ltd. announced its interim results for the six months ending February 28, 2025, reporting a 1% decrease in total revenue to HK$5,734 million due to weaker handset sales, despite a 4% increase in revenue excluding handsets. The company achieved a 5% increase in EBITDA to HK$1,206 million, driven by strong operational performance and strategic growth initiatives. Net profit surged from HK$1.5 million to HK$108 million, attributed to operational efficiencies and reduced finance costs. The board declared an interim dividend of 15.5 cents per share, reflecting its commitment to long-term shareholder value.
More about HKBN
HKBN Ltd. operates in the telecommunications industry, providing a range of services including enterprise solutions and residential solutions. The company focuses on delivering high-quality telecom services and products, with a market emphasis on both enterprise and residential customers.
Technical Sentiment Signal: Buy
Current Market Cap: $964.5M
See more insights into 1310 stock on TipRanks’ Stock Analysis page.
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