Core Insights - The top short-selling ratios for the last trading day were recorded at 100% for New World Development Co. Ltd. (80016), Anta Sports Products Ltd. (82020), and Li Ning Company Limited (82331) [1][2] - The highest short-selling amounts were for Tencent Holdings Ltd. (00700) at 2.284 billion, Alibaba Group Holding Ltd. (09988) at 1.855 billion, and Meituan (03690) at 1.779 billion [1][2] - The highest deviation values were for New World Development Co. Ltd. (80016) at 47.23%, Hang Seng Bank Ltd. (80011) at 43.60%, and China International Marine Containers (Group) Co., Ltd. (02039) at 39.58% [1][3] Short-Selling Ratios - New World Development Co. Ltd. (80016) had a short-selling amount of 170,500 with a 100% short-selling ratio and a deviation of 47.23% [2] - Anta Sports Products Ltd. (82020) reported a short-selling amount of 131,200 with a 100% short-selling ratio and a deviation of 32.87% [2] - Li Ning Company Limited (82331) had a short-selling amount of 91,300 with a 100% short-selling ratio and a deviation of 32.41% [2] Short-Selling Amounts - Tencent Holdings Ltd. (00700) led with a short-selling amount of 2.284 billion and a short-selling ratio of 19.43% [2] - Alibaba Group Holding Ltd. (09988) followed with a short-selling amount of 1.855 billion and a short-selling ratio of 21.48% [2] - Meituan (03690) had a short-selling amount of 1.779 billion with a short-selling ratio of 32.58% [2] Deviation Values - New World Development Co. Ltd. (80016) had a deviation value of 47.23% with a short-selling amount of 170,500 and a short-selling ratio of 100% [3] - Hang Seng Bank Ltd. (80011) reported a deviation value of 43.60% with a short-selling amount of 612,100 and a short-selling ratio of 89.42% [3] - China International Marine Containers (Group) Co., Ltd. (02039) had a deviation value of 39.58% with a short-selling amount of 16.5625 million and a short-selling ratio of 55.28% [3]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 數碼通電訊集團有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00315 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.1 HKD | | 200,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.1 HKD | | 200,000,000 | 本月底法定/註冊股本總額： HKD 200,0 ...

Summary of Key Points Core Viewpoint - As of July 3, a total of 120 stocks reached their 52-week highs, indicating a strong market performance with notable leaders in the list [1]. Group 1: Top Performers - The top three stocks with the highest increase rates are: - 富誉控股 (Fuyou Holdings) at 90.76%, closing at 0.435 with a peak of 0.475 [1] - 信义能源 (Xinyi Energy) at 65.00%, closing at 1.200 with a peak of 1.980 [1] - 中国三三传媒 (China San San Media) at 42.86%, closing at 1.710 with a peak of 1.900 [1] Group 2: Additional Notable Stocks - Other notable stocks include: - ITE HOLDINGS at 34.21% increase, closing at 0.047 with a peak of 0.051 [1] - 星凯控股 (Xingkai Holdings) at 30.00%, closing at 0.480 with a peak of 0.650 [1] - 北京北辰实业股份 (Beijing Beichen Industrial) at 26.47%, closing at 0.940 with a peak of 1.290 [1] Group 3: Overall Market Trends - The overall trend shows a significant number of stocks achieving new highs, reflecting positive investor sentiment and market conditions [1].

Financial Performance - SmarTone recorded a profit attributable to shareholders of HKD 256 million, a year-on-year increase of 4% excluding one-off items[23]. - Total revenue for the group was HKD 3,492,000,000, up 3% from HKD 3,390,000,000 in the same period last year, primarily due to increased sales of mobile phones and accessories[35]. - Shareholder profit attributable to the group was HKD 257,000,000, a 4% increase from HKD 246,000,000 in the first half of 2023/24[35]. - Operating profit for the same period was HKD 419,512,000, up 16.2% from HKD 360,835,000 year-over-year[105]. - Net profit attributable to shareholders for the six months was HKD 256,658,000, representing an increase of 4.3% from HKD 245,792,000 in the previous year[105]. - Basic and diluted earnings per share for the period were both HKD 23.3, compared to HKD 22.2 in the prior year, reflecting a growth of 4.9%[105]. - The company reported a profit of $256,658 for the six months ended December 31, 2024, compared to the previous period's profit[115]. - Profit before tax was HKD 256,658,000, compared to HKD 245,792,000 in 2023, reflecting a growth of 4.0%[146]. Customer Base and Services - The customer base has increased to 2,870,000, with a 40% penetration rate for 5G services, and the ARPU for 5G services is twice that of 4G services[23]. - Over 50% of users are currently utilizing SmarTone's roaming services, reflecting significant business growth in this area[24]. - The 5G home broadband service has seen an EBITDA growth of 20% year-on-year, driven by faster speeds, competitive pricing, and easy installation[24]. - SmarTone has launched the Home 5G x Wi-Fi 7 broadband plan, enhancing customer experience with superior Wi-Fi connectivity[17]. - The company has implemented a 24-hour free overseas hotline to support customers during their roaming periods[24]. Network and Technology - SmarTone's 5G network is powered by AI, optimizing resource allocation and ensuring excellent customer experience even in high-traffic areas[7]. - The company has successfully launched the latest 5G-Advanced network technologies, including network slicing and private 5G networks, in collaboration with major partners[25]. - The company has adopted 3.5GHz and 4.9GHz "5G golden spectrum" in key locations to ensure seamless network experience during major events[9]. - The average spectrum resources per user remain the highest in Hong Kong, ensuring optimal customer experience[28]. - The company is actively investing in world-class 5G networks, with a focus on enhancing coverage in rural and remote areas[31]. Financial Management and Investments - The cost of services provided decreased by HKD 13,000,000 or 5% to HKD 227,000,000, compared to HKD 240,000,000 in the first half of 2023/24, mainly due to improved gross margins in enterprise application solutions[35]. - The company plans to continue investing in new revenue sources to meet customer needs despite market challenges[30]. - The company recorded an expected credit loss of $50,000,000, reflecting changes in credit risk of financial assets measured at amortized cost[37]. - The company had cash and bank balances of $1,650,000,000 as of December 31, 2024, compared to $1,577,000,000 on June 30, 2024[38]. - The net cash generated from operating activities during the period was $968,000,000[38]. Corporate Governance and Leadership - The company has a diverse board with members having extensive experience in finance, technology, and corporate governance[60][62]. - The company is committed to employee development through diverse training and career advancement opportunities, enhancing professional skills and personal growth[95]. - Zou Jin Gen has been instrumental in leading the company's technology innovation and operational strategies since joining in 1993[58]. - Liu Ruo Hong has held various leadership roles in business development and corporate strategy prior to becoming CEO in February 2023[55]. - The company has complied with the corporate governance code, with the exception of two independent non-executive directors who were unable to attend the annual general meeting[184]. Environmental and Community Initiatives - SmarTone achieved a 36% overall energy efficiency improvement through advanced technology, smart cooling, and AI-driven network optimization, resulting in a reduction of 3,200 tons of CO2 emissions[84][87]. - The company has initiated a recycling program to reduce electronic waste, encouraging customers to recycle old devices and participate in environmental initiatives[92]. - SmarTone is actively involved in community support, including programs for elderly visits and smartphone training workshops to enhance convenience for seniors[93]. Shareholder Information - The company will pay an interim dividend of HKD 0.145 per share, consistent with last year[29]. - The interim dividend declared was 14.5 cents per share, consistent with the previous year[147]. - The company has engaged in share buybacks, repurchasing shares worth $1,410 during the period[115]. - The major shareholder, New World Development Company Limited, holds 806,362,555 shares, representing 73.18% of the voting rights[180].

Financial Performance - Shareholders' profit attributable to the company was HK$256,000,000, representing a 4% year-on-year increase, excluding one-off items[4] - The group reported a profit attributable to shareholders of $257,000,000, a 4% increase from $246,000,000 in the first half of 2023/24, excluding one-off items[15] - Profit attributable to shareholders was $256,658,000, up from $245,792,000, marking a growth of 4.03%[30] - Operating profit for the period was $419,512,000, representing a 16.24% increase from $360,835,000 in the previous year[30] - The actual tax expense was $97,000,000, with an effective tax rate of 27.5%, down from 28.7% in the first half of 2023/24[17] Revenue Growth - Total revenue for the group was $3,492,000,000, up 3% from $3,390,000,000 year-on-year, primarily due to increased sales of mobile phones and accessories[15] - For the six months ended December 31, 2024, total revenue was $3,491,538,000, an increase of 2.94% compared to $3,390,495,000 in the same period of 2023[30] - Revenue from mobile communication services was $2,303,422,000, slightly down from $2,303,463,000 in the previous year, indicating a decrease of about 0.002%[45] - Revenue from mobile phone and accessories sales increased to $1,188,116,000 from $1,087,032,000, reflecting a growth of approximately 9.3%[45] Cost Management - The total operating cost decreased by 2% year-on-year, allowing for more resources to be allocated to network upgrades and customer experience[7] - The cost of services provided decreased by $13,000,000 or 5% to $227,000,000, compared to $240,000,000 in the first half of 2023/24, attributed to improved gross margins in enterprise application solutions[15] - Employee costs increased by 1% to $357,000,000, reflecting annual salary adjustments, although the increase was offset by a reduction in employee numbers[15] Dividends and Shareholder Returns - The company proposed an interim dividend of HK$0.145 per share, consistent with the previous year[9] - The interim dividend declared for the six months ended December 31, 2024, is 14.5 cents per share, consistent with 2023[63] - The total amount of interim dividend payable is approximately $159,778,000, slightly down from $160,004,000 in 2023[63] Customer and Market Development - Customer base grew by 8.5% to 2,870,000, with a 40% penetration rate for 5G services[4] - Revenue from 5G home broadband services increased by 18%, while EBITDA rose by 20%[4] - Roaming revenue grew by 6% due to increased usage of international roaming products[4] - The enterprise application solutions business saw a 13% increase in profit contribution compared to the same period last year[6] Investments and Future Outlook - The company continues to invest in network performance and customer service to meet evolving customer needs[10] - The group plans to continue investing in network quality and coverage, particularly in remote areas, supported by government initiatives[11] - New AI applications are expected to emerge in the coming months, supported by the company's 5G network[10] - New workshops will be launched in the coming months to help users, both businesses and consumers, leverage technology for productivity and security[12] Financial Position - The group maintained a strong financial position with total equity of $5,248,000,000 as of December 31, 2024, including share capital of $110,000,000 and reserves of $5,138,000,000[19] - Cash and bank balances amounted to $1,650,000,000 as of December 31, 2024, compared to $1,577,000,000 on June 30, 2024[19] - Total non-current assets decreased to $7,767,682,000 from $8,152,969,000, a decline of 4.73%[34] - Total current assets increased to $3,173,084,000 from $3,025,306,000, reflecting a growth of 4.90%[34] - Total non-current liabilities decreased to $2,870,223,000 from $3,048,721,000, a reduction of 5.87%[36] - Total equity increased to $5,247,688,000 from $5,185,649,000, showing a growth of 1.20%[36] Governance and Compliance - The company’s audit committee reviewed the interim financial statements and found the accounting policies appropriate and consistent with industry standards[66] - The company is committed to maintaining high standards of corporate governance, adhering to the corporate governance code[69] - The interim financial statements for the six months ended December 31, 2024, have been reviewed by external auditors[67] Credit and Receivables - The group recorded an expected credit loss of $50,000,000, reflecting changes in credit risk of financial assets measured at amortized cost[17] - The accounts receivable as of December 31, 2024, amount to $435,479,000, an increase from $410,315,000 as of June 30, 2024[61] - The impairment loss on accounts receivable for the six months ended December 31, 2024, is $2,020,000, compared to $1,846,000 in 2023[61] - The accounts payable as of December 31, 2024, total $353,941,000, a decrease from $366,208,000 as of June 30, 2024[62] Share Repurchase - The company repurchased 345,000 shares during the six months ended December 31, 2024, at a total cost of $1,410,000[65] - The highest repurchase price per share was $4.19, while the lowest was $3.94[65]

Financial Performance - For the fiscal year ending June 30, 2024, the company reported a total revenue of HKD 6,221 million, a decrease of 7.99% from HKD 6,763 million in the previous year[7]. - The basic earnings per share increased to HKD 0.43 from HKD 0.24, reflecting an increase of 79.17%[7]. - The company's total equity attributable to shareholders increased to HKD 5,186 million from HKD 5,084 million, reflecting a growth of 2.01%[9]. - The company reported a profit attributable to shareholders of HK$470,000,000, representing a 75% increase compared to the previous year[27]. - Total revenue for the group is HKD 6.221 billion, an 8% decrease from HKD 6.763 billion last year, primarily due to a decline in mobile phone and accessory sales[34]. - Service revenue slightly decreased by 1% to HKD 4.509 billion, while service revenue excluding prepaid, mobile virtual network operator, and SMS business grew by 2%[34]. - The group maintains a strong financial position with total equity of HKD 5.186 billion as of June 30, 2024[37]. - The group generated operating cash flow of HKD 2.162 billion during the year, compared to HKD 2.254 billion in the previous year[37]. - The proposed final dividend is HKD 0.175 per share, totaling HKD 0.32 per share for the year[30]. - The company's distributable reserves amounted to $747,268,000, a decrease from $1,117,995,000 as of June 30, 2023[148]. Operational Highlights - The net cash inflow from operating activities was HKD 2,162 million, a decrease of 4.08% from HKD 2,254 million in the previous year[9]. - The company has fully upgraded its network to 5G-Advanced, supporting smart dynamic network slicing and AI resource management, enhancing service reliability for enterprise customers[11]. - The penetration rate of 5G service customers has risen to approximately 40%, with the ARPU for 5G services reaching twice that of 4G services[27]. - Revenue and EBITDA from the 5G home broadband service grew by 33% and 70% respectively compared to the previous year[27]. - The company has invested in 5G network construction at key locations, including the Hong Kong International Airport and major railway stations, to support government economic development plans[11]. - The company plans to enhance network coverage in all major country parks to improve safety and emergency response efficiency[11]. - The company has intercepted over 400 million nuisance calls since the launch of its "Call Guard" service, enhancing customer privacy and security[24]. - The new CARE mobile application features an upgraded personalized interface, improving customer experience and account management[25]. Corporate Governance - The company is committed to maintaining high standards of corporate governance, adhering to the Hong Kong Stock Exchange's corporate governance code[45]. - The board consists of three executive directors, five non-executive directors, and six independent non-executive directors as of June 30, 2024[48]. - The company has arranged appropriate liability insurance for its directors to cover responsibilities arising from corporate activities[51]. - The independent non-executive directors have confirmed their independence in accordance with the listing rules[51]. - The company held four board meetings and one annual general meeting during the fiscal year ending June 30, 2024, with all executive directors attending all meetings[56]. - The chairman and CEO positions are held by different individuals to enhance independence and accountability[53]. - The remuneration committee reviewed executive directors' compensation, including performance bonuses, during the fiscal year ending June 30, 2024[61]. - All directors are required to participate in ongoing professional development to ensure they are well-informed about the company's operations and governance policies[57]. Risk Management and Compliance - The group has established a risk management and internal control system, which includes a comprehensive organizational structure and authorization system to ensure compliance with laws and regulations[71]. - An independent internal audit team consisting of five qualified professionals is in place, reporting directly to the audit committee and CEO, ensuring the effectiveness of risk management and internal controls[72]. - The board has conducted an annual review of the risk management and internal control system, confirming its appropriateness and effectiveness for the fiscal year ending June 30, 2024[72]. - The company has implemented various policies to ensure compliance with anti-corruption laws, with no significant legal issues reported during the review period[116][118]. - The company has established a whistleblowing policy to allow employees and external parties to report misconduct confidentially[116]. Environmental and Social Responsibility - The company aims to reduce greenhouse gas emissions and total energy consumption density annually, promoting environmental awareness and eco-friendly management practices[92]. - SmarTone achieved a 25% improvement in energy efficiency by modernizing base stations with the latest software and hardware[93]. - The company implemented AI-based network solutions that further enhanced energy efficiency by 11%, resulting in a total energy efficiency improvement of 36%[93]. - SmarTone partnered with HKBR to recycle over 90% of discarded lead-acid batteries from exchange and data centers, minimizing hazardous waste[93]. - The company promotes a healthy work environment through various employee wellness programs and flexible work arrangements[100]. - SmarTone's volunteer team engages in community service activities, including workshops for seniors on smartphone usage and distributing meals to vulnerable groups[125][126][127]. Employee and Training Initiatives - The total employee costs for the year ending June 30, 2024, were HKD 713 million, down from HKD 731 million in 2022/23[43]. - As of June 30, 2024, there were 1,756 full-time employees, a decrease from 1,830 employees as of June 30, 2023[43]. - The number of trained employees decreased to 818 for the year ending June 30, 2024, down from 1,034, indicating a 20.9% decline in training participation[135]. - The average training hours per ordinary employee decreased to 10.63 hours for the year ending June 30, 2024, compared to 16.07 hours the previous year, a reduction of 33.9%[135]. - The company actively engages in employee development through various interest classes to foster curiosity and personal growth[105]. Shareholder Engagement - Shareholders holding at least 10% of the paid-up capital have the right to request a special general meeting, which must be conducted in physical format[77]. - Shareholders can submit written inquiries to the board, ensuring transparency and communication between shareholders and management[78]. - The company has revised its articles of association to comply with the latest legal and regulatory requirements, allowing for physical, electronic, or hybrid meetings for shareholder meetings[81]. - The company is committed to providing stable and sustainable returns to shareholders, with the board considering the group's financial performance and future prospects when determining dividend amounts[83].

Financial Performance - Shareholders' profit attributable to the company reached $470,000,000, an increase of 75% compared to last year[2] - The group reported a net profit attributable to shareholders of HKD 470,000,000, compared to HKD 269,000,000 last year, after accounting for expected credit losses of HKD 201,000,000[10] - Net profit attributable to shareholders for the year was $470,126, up from $268,846 in 2023, representing an increase of approximately 74.6%[22] - Basic and diluted earnings per share for the year were both 42.6 cents, compared to 24.3 cents in 2023, marking an increase of 75%[21] - The company's profit before tax for 2024 was $663,176,000, an increase from $453,383,000 in 2023, representing a growth of approximately 46.2%[35] - Total tax expense for 2024 was $193,050,000, compared to $184,537,000 in 2023, indicating an increase of 4.1%[35] Revenue and Sales - Service revenue grew by 2% after excluding income from virtual network operators, SMS, and prepaid services[2] - The group's total revenue for the year was HKD 6,221,000,000, an 8% decrease from HKD 6,763,000,000 last year, primarily due to a decline in mobile phone and accessory sales[10] - Total revenue for 2024 was HKD 6,221,251, a decrease of 8.0% from HKD 6,762,884 in 2023[30] - Revenue from mobile communication services was HKD 4,508,713, while mobile phone and accessories sales generated HKD 1,712,538 in 2024[30] - Mobile phone and accessories sales decreased significantly to $1,712,538 from $2,216,710 in 2023, reflecting a decline of about 22.7%[21] Customer and Market Growth - Customer base increased to 2,710,000, with a 5G service penetration rate approaching 40%[2] - Roaming revenue increased by 44%, with consumer market overseas roaming income recovering to 141% of pre-pandemic levels as of June 2024[2] - The 5G home broadband service has become a core growth driver, with revenue and EBITDA increasing by 33% and 70%, respectively[4] - The company is focusing on enhancing customer experience in roaming services, with roaming service penetration reaching double the pre-pandemic level[4] Dividends and Shareholder Returns - The company plans to pay a final dividend of 17.5 cents per share, totaling 32.0 cents for the fiscal year, consistent with the previous year[2] - The board proposed a final dividend of HKD 0.175 per share, totaling HKD 0.32 per share for the year[7] - The company proposed a final dividend of 17.5 cents per share for 2024, maintaining the same level as in 2023, with total dividends for the year amounting to 32.0 cents per share[46] Operational Efficiency and Costs - The cost of providing services increased by 5% to HKD 410,000,000, consistent with revenue growth in roaming and enterprise application services[10] - Total employee costs for the year were $713,000,000, a decrease from $731,000,000 in 2023, reflecting a decline of about 2.5%[19] - Network costs increased to HKD 568,023 in 2024 from HKD 533,434 in 2023, representing a rise of 6.5%[33] Investments and Infrastructure - The company is actively investing in network infrastructure to extend coverage to major parks and improve emergency response capabilities[5] - The group plans to continue investing in 5G home broadband services and enterprise application solutions to enhance performance[7] Financial Position and Assets - The group maintained a strong financial position with total equity of HKD 5,186,000,000 as of June 30, 2024[12] - Cash and bank balances amounted to HKD 1,577,000,000 as of June 30, 2024, up from HKD 1,155,000,000 the previous year[13] - Total non-current assets as of June 30, 2024, amounted to $8,152,969, a decrease from $8,496,421 in 2023, reflecting a decline of about 4.05%[23] - Total current assets increased to $3,025,306 from $2,402,522 in 2023, representing an increase of approximately 26%[23] Corporate Governance and Compliance - The audit committee reviewed the financial statements for the year ended June 30, 2024, and found the accounting policies appropriate and consistent with industry standards[51] - The company maintained effective risk management and internal control systems during the fiscal year[51] - The company adhered to the corporate governance code principles, with some exceptions regarding attendance at the annual general meeting[52] - The company is committed to high standards of corporate governance and will continue to monitor and review its practices[52] Share Repurchase - The company repurchased a total of 4,205,500 shares during the year ended June 30, 2024, at a total cost of $16,676,000[48] - The highest repurchase price per share was $4.10 in September 2023, while the lowest was $3.76 in April 2024[49] - The board believes that the share repurchase will enhance the company's earnings per share[50]

Financial Performance - The group reported a net profit attributable to shareholders of HKD 246 million for the first half of 2023/24, a decrease from HKD 256 million in the same period last year[20]. - Total revenue for the group was HKD 3.39 billion, down 11% from HKD 3.81 billion year-on-year, primarily due to a decline in mobile phone and accessory sales[20]. - Service revenue slightly decreased by 1% year-on-year, but excluding prepaid, mobile virtual network operator, and SMS business income, it showed a strong recovery with a growth of 3%[20]. - Operating profit for the period was HKD 360,835, a decrease of 7.8% compared to HKD 391,373 in the previous year[60]. - Profit attributable to shareholders for the period was HKD 245,792, down from HKD 255,832, representing a decline of 3.9%[61]. - Basic earnings per share for the period were 22.2 cents, compared to 23.1 cents in the same period last year[61]. - Total revenue for the six months ended December 31, 2023, was HKD 3,390,495, a decrease of 11% from HKD 3,809,011 in the same period of 2022[60]. - EBITDA for the six months ended December 31, 2023, was HKD 1,241,179, compared to HKD 1,279,065 for the same period in 2022, reflecting a decrease of about 3%[84][87]. Customer and Service Growth - Average revenue per user (ARPU) increased by 1% to HK$224, with total customer base reaching 2,650,000[14]. - 5G service customers now account for 38% of total customers, a 5% increase from December 2022[14]. - Roaming revenue surged by 64% year-on-year, recovering to 86% of pre-pandemic levels[14]. - The launch of SmarTone's home 5G broadband service has become a significant growth driver, offering faster speeds and lower costs[14]. - SmarTone's enterprise solutions business continues to show steady growth, with the SmartHome solution launched in December 2023[14]. - Service revenue grew by 3% excluding mobile virtual network operators (MVNOs) and SMS services[14]. Financial Position and Equity - The group maintained a strong financial position with total equity of HKD 5.13 billion as of December 31, 2023[22]. - Cash and bank balances amounted to HKD 1.05 billion as of December 31, 2023, down from HKD 1.16 billion on June 30, 2023[22]. - The group reported a total employee cost of HKD 353,000,000 for the period ending December 31, 2023, compared to HKD 361,000,000 for the first half of 2022/23, indicating a decrease of approximately 2.2%[29]. - Total equity rose from HKD 5,084,487,000 to HKD 5,128,181,000, an increase of approximately 1%[65]. Operational Efficiency and Investments - The company achieved a 36% overall energy efficiency improvement through modernization of base stations and AI network solutions[49]. - The company is committed to sustainable development and reducing energy consumption through advanced technology[49]. - The company has invested in enhancing its 5G network, including the installation of 850MHz 5G networks at railway stations[6]. - The company plans to enhance customer service and network experience while investing in advanced 5G infrastructure to support its vision of becoming a trusted digital life partner[17]. Shareholder and Dividend Information - The board declared an interim dividend of HKD 0.145 per share, consistent with the previous year[17]. - The interim dividend declared was 14.5 cents per share, consistent with the previous year, totaling $160,004,000 compared to $160,437,000 in 2022[100]. - Final dividend per share increased to 17.5 cents from 15.5 cents in the previous year, amounting to $193,117,000 compared to $171,325,000 in 2022[103]. Employee and Management Information - The group had 1,783 full-time employees, down from 1,830 employees as of June 30, 2023, reflecting a reduction of about 2.6%[29]. - The company continues to focus on employee training and development, providing both internal and external training opportunities[29]. - The total remuneration for the newly appointed CEO, Ms. Liu, from February 15, 2023, to June 30, 2023, amounted to HKD 2,174,000, including allowances and retirement plan contributions[33]. Risk Management and Compliance - The company faces foreign exchange risk primarily from receivables and payables denominated in USD, with some payables hedged through USD deposits[26]. - The financial risk management policies remained unchanged since the end of the previous fiscal year, addressing market, credit, and liquidity risks[78]. - The audit committee reviewed the interim financial statements for the six months ending December 31, 2023, and found the accounting policies appropriate and consistent with industry standards[144]. Stock Options and Share Repurchase - The company has adopted a share incentive plan to attract and retain suitable personnel, with no unvested incentive shares as of December 31, 2023[29]. - The company repurchased a total of 2,988,000 shares during the six-month period ending December 31, 2023, which were cancelled before the end of the reporting period[142]. - The company believes that the share repurchase will enhance earnings per share[143].

Financial Performance - The group's total revenue for the six months ended December 31, 2023, was $3,390,000,000, a decrease of 11% compared to $3,809,000,000 in the same period last year[9]. - Profit attributable to shareholders was $246,000,000, down from $256,000,000 in the first half of 2022/23[9]. - Service revenue showed a slight decline of 1%, while service revenue excluding prepaid, mobile virtual network operator, and SMS business grew by 3%[9]. - The company reported a profit of $245,792,000 for the six months ended December 31, 2023, a decrease of 3.9% compared to $255,832,000 for the same period in 2022[18]. - Total comprehensive income for the period was $248,103,000, slightly up from $246,947,000 in the previous year, indicating a growth of 0.6%[18]. - EBITDA for the six months ended December 31, 2023, was $1,241,179, compared to $1,279,065 in the same period of 2022, reflecting a decrease of about 3%[28]. - Operating profit for the six months ended December 31, 2023, was $360,835, down from $391,373 in the same period of 2022, indicating a decline of approximately 8%[28]. - Basic earnings per share for the six months ended December 31, 2023, was 22.2 cents, a decrease from 23.1 cents in the same period of 2022[34]. Revenue and Service Metrics - Service revenue increased by 3% excluding mobile virtual network operators, SMS, and prepaid services[2]. - Mobile service ARPU rose by 1% to HK$224, with customer base growing by 1% to 2,650,000; 5G service penetration reached 38%[3]. - Roaming revenue surged by 64%, recovering to 86% of pre-pandemic levels[3]. - The cost of services increased by $32,000,000 or 15% to $240,000,000, consistent with revenue growth in roaming and enterprise application services[9]. Dividends and Shareholder Returns - Interim dividend declared at HK$0.145 per share, consistent with the previous year[5]. - The interim dividend declared for the six months ended December 31, 2023, is 14.5 cents per share, unchanged from 2022, amounting to $160,004,000[38]. - The final dividend for the previous year was 17.5 cents per share, totaling $193,117,000 for the six months ended December 31, 2023, compared to $171,325,000 for the same period in 2022[39]. Assets and Liabilities - As of December 31, 2023, the group had total equity of $5,128,000,000, including share capital of $110,000,000 and reserves of $5,018,000,000[10]. - Cash and bank balances amounted to $1,048,000,000 as of December 31, 2023, down from $1,155,000,000 on June 30, 2023[10]. - The group had a total borrowing of $64,000,000 as of December 31, 2023, with no significant interest rate risk due to low borrowing levels[13]. - Non-current assets totaled $8,072,703,000 as of December 31, 2023, down from $8,496,421,000 on June 30, 2023, reflecting a decrease of 5.0%[19]. - Current assets decreased to $2,648,987,000 from $2,402,522,000, representing an increase of 10.2%[19]. - Total liabilities decreased from $5,110,456,000 on June 30, 2023, to $5,129,589,000, indicating a slight increase of 0.4%[20]. - The company's net assets increased to $5,128,181,000 as of December 31, 2023, compared to $5,084,487,000 on June 30, 2023, marking a growth of 0.9%[20]. - Total assets as of December 31, 2023, were $10,721,690, compared to $10,898,943 as of June 30, 2023, showing a decrease of about 1.6%[29]. - Total liabilities as of December 31, 2023, were $5,593,509, down from $5,814,456 as of June 30, 2023, indicating a reduction of approximately 3.8%[29]. Costs and Expenses - Employee costs and other operating expenses decreased by 2% and 3% to $353,000,000 and $487,000,000, respectively[9]. - Net financing costs decreased from $35,000,000 in the first half of 2022/23 to $16,000,000, primarily due to the full repayment of $1.4 billion guaranteed notes[9]. - Interest income from bank deposits for the six months ended December 31, 2023, was $35,071, compared to $41,968 in the same period of 2022, reflecting a decrease of about 16%[30]. - Interest expenses for the six months ended December 31, 2023, totaled $51,365, down from $77,376 in the same period of 2022, indicating a decline of approximately 34%[31]. - Income tax expense for the six months ended December 31, 2023, was $98,749, slightly down from $100,133 in the same period of 2022[33]. Strategic Initiatives - Significant investment in 5G network infrastructure, with spectrum fees paid to the government totaling approximately HK$270,000,000 in the past six months[7]. - Cumulative financial impact of non-deductible spectrum costs reached HK$538,000,000[7]. - The company aims to enhance customer service quality and maintain a stable network experience amid a challenging economic environment[5]. - New SmartHome solution launched in collaboration with Sun Hung Kai Properties, leveraging 5G technology[4]. - Continued focus on innovation and investment in digital applications to enhance customer experience[6]. - The company continues to focus on expanding its telecommunications services in Hong Kong and Macau, alongside selling mobile phones and accessories[21]. - The company is committed to ongoing research and development of new products and technologies to enhance market competitiveness[21]. Compliance and Governance - The company has adopted new accounting standards effective from July 1, 2023, which did not have a significant impact on the interim financial statements[23]. - The company’s audit committee reviewed the interim financial statements for the six months ended December 31, 2023, and found the accounting policies appropriate and consistent with industry standards[45]. - The company has complied with the corporate governance code, with some exceptions regarding attendance at the annual general meeting[47].

Financial Performance - Revenue for the year ended June 30, 2023, was HKD 6,763 million, a decrease of 3% compared to HKD 6,957 million in 2022[9] - Profit attributable to shareholders for the same period was HKD 269 million, down 36% from HKD 423 million in 2022[9] - Basic earnings per share decreased by 37% to HKD 0.24 from HKD 0.38 in the previous year[9] - Total assets as of June 30, 2023, were HKD 10,898 million, a decline of 13% from HKD 12,581 million in 2022[9] - Net cash inflow from operating activities increased by 11% to HKD 2,254 million from HKD 2,036 million in 2022[9] - The company reported a profit attributable to shareholders of HK$470,000,000, an increase of 4% compared to the previous year, despite facing intense market competition and spectrum costs peaking at HK$542,000,000[25] - Total revenue for the year was HK$6,763,000,000, down from HK$6,957,000,000 the previous year, reflecting weak demand for flagship smartphones[34] - Employee costs increased by 12% to HK$731,000,000 due to annual salary adjustments and increased investment in human resources in key growth areas[35] - The company’s service revenue rose by 1% to HK$4,546,000,000, primarily due to the recovery in roaming revenue[34] 5G and Technology Initiatives - SmarTone has achieved 5G coverage in all 23 major road tunnels and across all MTR stations in Hong Kong[12] - SmarTone's Home 5G broadband service is particularly appealing to households in village houses and tenement buildings facing slow internet speeds[17] - Revenue from roaming services increased by 49%, while revenue from 5G home broadband services grew by over 100%[25] - As of July 2023, 37% of the company's core monthly fee plan customers have switched to 5G services, representing a 9 percentage point increase from June 2022[25] - SmarTone launched the "SmarTone 5G Ednovation Smart Campus Program," integrating 5G technology into education with diverse solutions to enhance teaching efficiency and stimulate student interest in STEM learning[171] - The program includes a "5G Smart Hydroponic System" at Hong Kong SKH Holy Spirit Primary School, utilizing multiple 4K cameras and sensors for real-time monitoring and AI analysis of plant care[171] - SmarTone transformed a bus into a 5G classroom equipped with IoT devices, allowing automatic control of lighting, air conditioning, and projectors, enhancing students' understanding of 5G applications[172] Corporate Governance - The board proposed a final dividend of HK$0.175 per share, totaling HK$0.32 per share for the year, supported by a strong cash position of HK$1,100,000,000[30] - The board consists of 13 members, with 6 being independent non-executive directors, ensuring a balance of opinions and advice[56] - The company has arranged appropriate liability insurance for its directors, which is reviewed annually[57] - The chairman and CEO roles are held by different individuals to enhance independence and accountability[61] - The company has confirmed that all independent non-executive directors meet the independence criteria as per listing rules[58] - The board meets at least four times a year to discuss overall strategy, operational and financial performance[62] - The company has established a nomination policy to ensure a balanced skill set and diversity among directors to achieve corporate goals[85] Risk Management and Internal Controls - The group maintained an effective risk management and internal control system for the year ended June 30, 2023[90] - The Audit Committee reviewed the independence of the external auditor and ensured that non-audit services do not compromise their objectivity[91] - The group has established a risk management committee at the management level to oversee overall risk management functions[99] - The board has conducted an annual review of the effectiveness of the group's risk management and internal control systems, confirming they remain appropriate and effective as of June 30, 2023[102] Sustainability and Environmental Initiatives - SmarTone achieved a 25% improvement in energy efficiency through modernization of base station technology and an additional 11% improvement using AI-based network solutions, totaling a 36% overall energy efficiency enhancement[124] - The company has implemented a new generation of low-power radio base station equipment, contributing to a 30%-50% efficiency improvement in cooling systems at exchange centers[125] - SmarTone has partnered with HKBR to recycle over 90% of discarded lead-acid batteries from its exchange and data centers, minimizing hazardous waste[126] - The company has adopted a wireless customer management system across all retail locations, significantly reducing paper usage in sales processes[130] - SmarTone's commitment to sustainability includes a goal of reducing greenhouse gas emissions and total energy consumption year-on-year[123] - The company implemented energy-saving measures, including the use of LED lighting and smart air conditioning systems, to reduce energy consumption[133] Employee Engagement and Development - The company organized various health activities and workshops to promote employee well-being, including sessions on physical and mental health[141] - The company provides flexible working arrangements and quarterly paid family leave to support work-life balance for employees[140] - The total number of trained employees rose significantly to 1,034 in 2023, compared to 677 in 2022, marking an increase of 53%[185] - The employee turnover rate decreased to 28.8% in 2023 from 29.5% in 2022, indicating improved employee retention[185] - The average training hours per female employee increased to 12.00 hours in 2023 from 9.51 hours in 2022, an increase of 26%[185] Community Engagement and Social Responsibility - The company provided free roaming data, voice, and SMS services for 10 days to customers in Turkey and Syria affected by earthquakes, ensuring uninterrupted communication[173] - SmarTone's volunteer team actively participated in community service activities, including smartphone workshops for the elderly and food distribution for the underprivileged[176][179] - The company received recognition for its commitment to volunteer work, being awarded the "Caring Company" award annually since the 2002/03 fiscal year[176] - The group actively engages in corporate social responsibility by developing innovative products and services to meet societal communication and technology needs[169]