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Hutchison Telecommunications Hong Kong Reports Positive Turnaround

Hutchison Telecommunications Hong Kong Reports Positive Turnaround

Hutchison Telecommunications Hong Kong Holdings ( (HTCTF) ) has released its Q2 earnings. Here is a breakdown of the information Hutchison Telecommunications Hong Kong Holdings presented to its investors.

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Hutchison Telecommunications Hong Kong Holdings Limited, a key player in the mobile telecommunications sector in Hong Kong and Macau, has reported its unaudited financial results for the first half of 2025. The company, known for its comprehensive mobile services and strong market presence, has shown a positive turnaround in its financial performance.

The first half of 2025 saw Hutchison Telecommunications Hong Kong Holdings Limited achieve a total revenue of HK$2,216 million, marking an 8% increase compared to the same period in 2024. Notably, the company reported a profit attributable to shareholders of HK$6 million, a significant improvement from the HK$12 million loss recorded in the first half of 2024. This turnaround is attributed to a 30% increase in roaming service revenue, driven by favorable tourism trends, and a 32% rise in hardware revenue due to increased sales of flagship mobile devices.

The company’s EBITDA rose by 6% to HK$771 million, reflecting effective cost management and reduced operating expenses. Despite a 2% decline in local service revenue, the overall financial health of the company improved, supported by a stable total margin and strategic investments in network optimization. The customer base expanded to approximately 6.1 million, with a 5G penetration rate reaching 57%, demonstrating strong service offerings and network infrastructure.

Looking ahead, Hutchison Telecommunications Hong Kong Holdings Limited aims to navigate the challenging economic landscape by prioritizing operational agility and resilience. The company plans to enhance its roaming business and introduce new services like 3Business Empower to meet the growing demands of small and medium-sized enterprises. With a focus on sustainable growth and disciplined financial management, the company is well-positioned to capture long-term value-enhancing opportunities and deliver consistent shareholder returns.

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