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An announcement from i-CABLE Communications ( (HK:1097) ) is now available.
i-CABLE Communications Limited reported interim results for the first half of 2025, showing a 15% improvement in net loss compared to the previous year, despite a challenging economic environment in Hong Kong. The company achieved a 7% reduction in operating expenses and saw increased revenue from its telecommunications segment, although media segment revenue declined due to reduced advertising sales.
More about i-CABLE Communications
i-CABLE Communications Limited operates in the telecommunications and media industry, providing services such as business-to-business telecommunications and media advertising. The company focuses on the Hong Kong market, adapting to structural changes in local consumption patterns.
YTD Price Performance: 146.67%
Average Trading Volume: 9,748,421
Technical Sentiment Signal: Buy
Current Market Cap: HK$528M
See more insights into 1097 stock on TipRanks’ Stock Analysis page.