Ge Long Hui·2026-03-19 08:59Core Viewpoint - The company reported a total revenue of HKD 507.297 billion for the fiscal year ending December 31, 2025, reflecting a year-on-year growth of 6% [1] - Despite a significant decrease in reported profit attributable to ordinary shareholders, the company maintained a strong cash flow and a healthy financial position [1] Financial Performance - Total EBITDA amounted to HKD 129.105 billion, representing a 3% increase year-on-year [1] - Reported profit attributable to ordinary shareholders was HKD 11.841 billion, a decrease of 31% compared to the previous year [1] - Basic profit attributable to ordinary shareholders increased by 7% to HKD 22.310 billion [1] Business Diversification and Impact - The company's diversified business and geographical distribution significantly mitigated the adverse effects from individual industries or countries [1] - The company completed a merger of its UK telecommunications business with Vodafone UK, resulting in a one-time non-cash loss of HKD 10.922 billion [1] - A one-time non-cash impairment and other provisions of HKD 3.740 billion were recognized for its telecommunications business in Vietnam [1] Future Transactions - The company announced the sale of its 100% stake in UK Power Networks to Engie S.A., expected to generate significant cash flow and net profit attributable to the group in 2026 [2] - Excluding the aforementioned one-time losses, the company recorded a basic net profit of HKD 22.258 billion, a 7% increase compared to 2024 [2] Earnings and Dividends - The reported earnings per share for the fiscal year ending December 31, 2025, was HKD 3.09 [2] - The board proposed a final dividend of HKD 1.60 per share, increasing from HKD 1.51 per share in the previous year [3] - The total annual dividend for the year was HKD 2.31 per share, compared to HKD 2.20 per share in 2024 [3]