Pacific Century Regional Developments (SG:P15) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Pacific Century Regional Developments reports a positive interim financial performance for the first half of 2024, with a 2% revenue increase and a notable 3% rise in EBITDA due to cost efficiency improvements, including AI deployment. The company has achieved significant growth in its broadband and 5G mobile customer base, alongside a 27% year-on-year increase in enterprise customer contract value. Moreover, the interim distribution per Share Stapled Unit has been declared at 32.92 HK cents.
For further insights into SG:P15 stock, check out TipRanks’ Stock Analysis page.