PCCW Limited (HK:0008) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
PCCW Limited has reported a positive interim financial performance for the first half of 2024, with revenues rising by 5% and EBITDA increasing by 1%. The company’s OTT services, including Viu which reached 11.7 million paid subscribers, have shown significant growth, with the OTT Business revenue up by 12% and EBITDA soaring by 39%. The growth is attributed to the company’s focus on locally relevant content and strategic partnerships to extend market reach.
For further insights into HK:0008 stock, check out TipRanks’ Stock Analysis page.