电讯盈科(00008) - 2019 - 中期财报

Media Business Performance - The media business recorded growth with Now TV maintaining its leadership position and Viu's active user base increasing from approximately 20 million to 36 million year-on-year[9]. - Viu OTT service achieved over 30 billion minutes of content viewed in the first half of the year, more than double compared to the same period in 2018[9]. - The company plans to introduce 80 original programs in 2019 across various Southeast Asian markets[9]. - ViuTV's new programming schedule has effectively increased viewership during prime time[141]. - ViuTV's revenue increased by 28% to HKD 1.27 billion, despite a challenging advertising environment[28]. - OTT business revenue grew by 12% to HKD 4.41 billion, with Viu's monthly active users reaching 36 million, up from 20 million year-on-year[29]. Telecommunications Segment - The telecommunications segment provided top-tier broadband and mobile services, contributing to stable operational performance[5]. - Hong Kong Telecom recorded stable operational performance in the past six months, with significant contributions from enterprise business[11]. - The consumer broadband business continued to perform steadily in a competitive market[11]. - The company plans to cautiously launch 5G services after the necessary ecosystem is ready next year[11]. - Hong Kong Telecom aims to explore non-traditional revenue opportunities while expanding its audience base in free television services[20]. - The company is closely monitoring global economic uncertainties, particularly due to the US-China trade disputes, which may impact growth strategies[20]. IT Services and Infrastructure - The company is expanding its IT services in Singapore and the Philippines, with a new world-class data center set to launch in Q3 2019[10]. - The IT services segment remains a market leader in Hong Kong, as recognized by Gartner, and has received multiple awards for its digital transformation efforts[10]. - The company aims to enhance operational efficiency to improve profit and cash flow from core businesses[11]. - The new data center, set to open in the second half of 2019, has already secured 63% of its initial capacity in pre-leases from leading global tech and financial institutions[32]. Real Estate Development - The real estate development projects in Japan and Thailand are progressing as planned, with a hotel and residential project in Hokkaido expected to be completed in Q4 2019[5]. - The real estate project in Hokkaido, Japan, has sold or reserved over 90% of residential units[11]. - The office space leasing situation at Jakarta's PCC is stable, with approximately 85% of office space reserved or leased[11]. - The company plans to redevelop a site in Central Hong Kong into luxury residential or commercial use, pending government approval[33]. Financial Performance - Revenue for the first half of 2019 reached HKD 12 billion, marking a 10% increase compared to the same period last year[14]. - The company reported a significant increase in user data, with a total of 10 million new subscribers added in the last quarter, representing a 15% growth year-over-year[14]. - The company reported a mid-year financial performance for 2019, highlighting significant contributions to the insurance sector in Hong Kong[13]. - The company reported a significant increase in revenue, achieving a mid-year report for 2019[16]. - The company reported a total revenue of 19,190 million, reflecting a significant performance in the first half of 2018[57]. Strategic Initiatives and Future Outlook - The company is optimistic about its diversified business and overseas expansion despite a lackluster global economic outlook[5]. - The management emphasized a strategic focus on ensuring business growth through careful expansion strategies tailored for each segment[12]. - The company is actively involved in new product and technology development to drive future growth[12]. - Future guidance indicates a projected revenue growth of 10% for the next quarter, driven by increased demand in digital services[148]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market presence[148]. Corporate Governance and Leadership - The board includes experienced directors with extensive backgrounds in finance and insurance, enhancing corporate governance[13]. - The company has a strong leadership team with over 30 years of experience in leveraging technology for business transformation[145]. - The management highlighted the importance of collaboration within the team to share insights and drive performance improvements[145]. - The company emphasizes high levels of corporate governance, adhering to the principles of transparency, accountability, and integrity[125]. Community Engagement and Corporate Responsibility - The company is actively engaged in charitable activities, supporting public welfare initiatives in Hong Kong[13]. - The strategic focus on governance and community engagement highlights the company's commitment to sustainable growth and corporate responsibility[146].