Company Operations - The company operates in 21 countries and regions, serving over 3,000 multinational enterprises and more than 40,000 local businesses[3]. - The company holds a 99% stake in Macau Telecommunications, which is the only provider of comprehensive telecommunications services in Macau[2]. - Acclivis Technologies and Solutions Pte. Ltd. has expanded its operations in Southeast Asia, focusing on cloud solutions and digital transformation projects[2]. - The company has over 2,500 employees and connects with more than 600 operators globally[3]. Financial Performance - Total revenue for the company was HKD 4,375.2 million, a decrease of 11.0% from HKD 4,913.8 million year-on-year[15]. - Profit attributable to shareholders was HKD 511.1 million, reflecting a growth of 4.6% from HKD 488.8 million in the previous year[8]. - EBITDA increased by 15.8% to HKD 1,251.1 million, compared to HKD 1,080.6 million in the same period last year[8]. - Basic earnings per share rose to 14.1 HKD cents, up 2.2% from 13.8 HKD cents year-on-year[16]. - The interim dividend declared was 5.0 HKD cents per share, representing a 25.0% increase from 4.0 HKD cents in the previous year[16]. Revenue Breakdown - Telecommunications service revenue (excluding equipment and mobile phone sales) reached HKD 3.653 billion, a growth of 2.7% compared to the first half of 2018, driven by growth in almost all major business segments[22]. - The mobile business revenue decreased by 31.5% to HKD 1,376.5 million, primarily due to a significant drop in equipment and mobile phone sales[27]. - The internet business revenue, including data center income, was HKD 529.9 million, an increase of 8.3% or HKD 40.5 million year-on-year[29]. - Corporate business revenue increased by 3.7% to HKD 1.591 billion in the first half of 2019, driven by growth in Macau casino and resort project revenues and stable growth in mainland China corporate business[31]. Market Position - The group holds a 44.5% market share in the 4G market in Macau, with ongoing growth in roaming services[17]. - The group held approximately 42.9% market share in the Macau mobile market as of June 30, 2019, down from 43.7% at the end of 2018[29]. - The group’s broadband market penetration rate was approximately 88.2% as of June 30, 2019, slightly down from 89.0% at the end of 2018[29]. Assets and Liabilities - Total assets increased by 2.6% to HKD 18,434.3 million from HKD 17,965.2 million at the end of the previous year[11]. - The company reported a decrease in total liabilities to HKD 7,014,592 from HKD 6,922,626 in the previous year[66]. - The net capital debt ratio improved to 38%, down from 40% at the end of the previous year[11]. Cash Flow and Capital Expenditure - Operating cash inflow was HKD 1.288 billion, representing a 19.4% increase from HKD 1.079 billion in the same period last year[43]. - Total capital expenditure for the first half of 2019 was HKD 153.8 million, primarily for data center expansion and network system upgrades[44]. - Cash and bank deposits as of June 30, 2019, were HKD 1,164.7 million, sufficient to cover upcoming borrowings due within the next 12 months of HKD 357.9 million[51]. Corporate Governance - The company is committed to maintaining high standards of corporate governance to enhance investor confidence and protect shareholder interests[160]. - The company has complied with the applicable code provisions of the Corporate Governance Code during the six months ended June 30, 2019, except for one instance of absence at the annual general meeting[160]. - The financial report for the six months ended June 30, 2019, was reviewed by the audit committee and independent auditors[160]. Technology and Innovation - The company has established a 5G International Cooperation Alliance with several international operators to enhance its 5G capabilities[5]. - The company launched the DataMall 2.0 platform, enhancing its mobile data services and prepaid card offerings[5]. - The company has implemented a new mobile phone authentication technology called "IPification" to enhance security for smart applications in Macau[5]. Environmental and Social Responsibility - The company emphasizes corporate social responsibility as a core strategy and has not made significant changes to its human resources management policies in the past six months[61]. - The company is committed to environmental protection and has established policies for sustainable development[61]. Stock Options and Shareholder Information - The company adopted a stock option plan on May 17, 2007, which remains effective until May 16, 2017, with a total limit of 333,505,276 shares, representing 10% of the issued shares as of the approval date[140]. - The company issued a total of 65,001,000 shares during the six months ended June 30, 2019, due to the exercise of stock options[159]. - Major shareholders include China CITIC Group Limited, holding 2,129,345,175 shares, representing 58.30% of the issued shares[157].

Company Operations and Services - The company operates in 21 countries and regions, serving over 3,000 multinational enterprises and more than 40,000 local businesses[4] - The company holds a 99% stake in Macau Telecommunications, which is the only provider of comprehensive telecommunications services in Macau[4] - The company has developed the world's first mobile data traffic trading platform, "DataMall Free Travel," and offers multi-number SIM cards[3] - Acclivis Technologies and Solutions Pte. Ltd. has been recognized as a leading IT service provider in the region, focusing on cloud solutions and managed services[3] - The company has expanded its mobile virtual network operator roaming coverage to Vietnam and launched 4G data package services[33] - The company has established data centers and cloud computing centers in major Southeast Asian cities, enhancing its service capabilities[3] - The company is committed to digital transformation projects and smart solutions for government and enterprises in the region[3] - Macau Telecom launched the DataMall 2.0 platform, enhancing 4G services for users[38] - Macau Telecom initiated 5G mobile network technology testing, aiming to provide commercial services by 2020[42] - Macau Telecom's data center in Hong Kong was officially opened, recognized as the only government-approved overseas data center in Macau[42] - Macau Telecom partnered with Tencent to deepen collaboration in cloud computing, big data, IoT, and AI applications[42] Financial Performance - The company's profit attributable to shareholders for 2018 was HKD 951 million, representing a year-on-year increase of 7.9%[46] - The total revenue for 2018 was HKD 9,464 million, an increase of 27.0% compared to the previous year[57] - The service revenue (excluding sales of equipment and mobile phones) increased by 12.6% year-on-year[57] - The basic earnings per share for 2018 was HKD 26.7, up 7.2% from 2017[57] - The company declared a total dividend of HKD 18.0 per share for 2018, an increase of 12.5% year-on-year[57] - Net debt as of December 31, 2018, was HKD 5,810 million, a decrease of 6.2% from the previous year[52] - The group achieved a 12.9% increase in fiber internet customers by the end of 2018, with commercial customer fiberization reaching 100% and residential broadband fiberization at 87%[59] - The number of cloud data centers reached 18 by the end of 2018, reflecting the group's accelerated global cloud data center development[59] - The revenue from the A2P SMS business saw significant growth compared to the previous year, contributing to the overall internetization of traditional telecom services[59] - The "DataMall Free Travel" platform's revenue exceeded 10 million, showcasing the success of the group's internet-based business systems[59] Market Position and Strategy - The group maintained a leading market share of 43.7% in the Macau mobile market as of December 2018, with a 4G customer penetration rate of 98%[71] - The group expanded its international roaming market, achieving 4G roaming coverage in 172 countries and regions, and established agreements with over 290 overseas operators for wholesale data roaming rates[72] - The group plans to expand its data center scale and enhance platform business efficiency in 2019, responding to market demand[60] - The group aims to become a one-stop ICT service provider in Southeast Asia, leveraging Singapore as a base to serve multinational enterprises in the region[60] - The group will focus on developing new technologies such as 5G, smart cities, IoT, AI, big data, and cloud computing to drive innovation and business transformation[61] - The group is positioned to capitalize on opportunities in the Greater Bay Area, aligning with the "Digital Macau" smart city initiative[60] Awards and Recognition - The company has received multiple awards, including "Outstanding ICT Service Provider 2017" from Huafu Finance and "Best IT Comprehensive Service Partner" from Sing Tao Daily[33] - Acclivis was awarded the "Best Strategic Partner Award" by Equinix, recognizing its collaboration in providing strategic insights[37] - CPC received multiple awards, including "Best Managed Service Provider" at the Telecom Asia Awards 2018[38] - CPC was recognized as one of the "Top 10 Best Data Center Service Companies" by APAC CIO Outlook in 2018[42] - CPC won the "Best Cloud Service Provider" award at the NetworkWorld Asia Readers' Choice Product Excellence Awards 2018[42] - Acclivis was named one of the business champions by Cisco in 2018, highlighting its excellence in the ICT sector[41] Governance and Corporate Structure - The board consists of four executive directors and five non-executive directors, with three being independent non-executive directors, ensuring a diverse governance structure[156] - The board's attendance rate for meetings was high, indicating strong engagement and commitment from directors[153] - The company emphasizes continuous improvement in corporate governance practices to align with the latest trends[145] - The company established a capital expenditure review committee to evaluate management's capital investment proposals[160] - The remuneration committee consists of four members, all of whom are non-executive directors, with three being independent non-executive directors[167] - The audit committee also comprises four members, with three being independent non-executive directors[167] - The company encourages all directors to participate in continuous professional development to enhance their knowledge and skills[165] Risk Management and Compliance - The company is committed to enhancing its risk management mechanisms to identify and assess risks at all levels, which is crucial for maintaining operational integrity[141] - The group has established a risk management policy to identify, assess, and mitigate various risks, including strategic, market, financial, legal, and operational risks[183] - The management conducts a semi-annual review of overall business risks and submits written reports to the audit committee regarding risk management effectiveness[187] - The group faces intense market competition, which may negatively impact revenue and profits, prompting a commitment to leverage new technologies for service transformation[185] - Cybersecurity threats are increasing, necessitating continuous updates to security controls and employee training on data security and privacy awareness[185] Shareholder Communication - The company emphasizes effective communication with shareholders to provide a clear assessment of its performance[196] - The company has adopted the "Code of Conduct for Securities Transactions by Directors" and all directors complied fully with the standards in 2018[192] - Shareholders holding at least 5% of the total voting rights can request a general meeting under the Companies Ordinance[197] - The company allows shareholders to submit queries and concerns to the board through the company secretary[199] - The company is committed to ensuring that no selective disclosure of price-sensitive information occurs[196]