Core Viewpoint - Hong Kong Broadband (01310) has seen a nearly 3% increase in stock price, attributed to recent financing developments and positive financial performance indicators [1] Financial Performance - The company has secured a total of HKD 10.75 billion in term loan financing [1] - Morgan Stanley noted that the company recently completed a debt refinancing of HKD 10.7 billion, which will incur a one-time cost of HKD 140 million but is expected to lower interest expenses [1] - For the full year, service revenue grew by 13% year-on-year, surpassing Morgan Stanley's forecast of 8.4%, primarily driven by a HKD 360 million increase in IDD revenue and a 14% year-on-year growth in SI revenue [1] - Adjusted EBITDA met Morgan Stanley's expectations, while adjusted free cash flow increased by 11% year-on-year to HKD 551 million, exceeding Morgan Stanley's forecast by 8% due to reduced interest costs [1]
香港宽频涨近3% 公司全年服务收入高于大摩此前预期