数码通电讯(00315) - 2024 - 中期业绩

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].