数码通电讯(00315) - 2025 - 中期财报

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].