Zhi Tong Cai Jing·2026-03-20 20:38Core Viewpoint - The company reported a total revenue of HKD 507.297 billion for the year ending December 31, 2025, representing a year-on-year increase of 6% [2] - The company experienced a decrease in net profit after tax of 19%, amounting to HKD 19.233 billion, and a 31% decline in profit attributable to ordinary shareholders, totaling HKD 11.841 billion [2] - The company plans to distribute a final dividend of HKD 1.602 per share [2] Financial Performance - The reported EBITDA for the year was HKD 129.105 billion, reflecting a 3% year-on-year growth [2] - Excluding one-time losses and based on pre-IFRS 16 standards, the company recorded a basic net profit of HKD 22.258 billion, which is a 7% increase compared to 2024 [3] - Basic EBITDA and EBIT, calculated in reported currency, increased by 9% year-on-year, driven by significant growth in the port sector and strong performance from CK Hutchison Group Telecom [3] Major Transactions - The company completed a merger of its UK telecommunications business with Vodafone UK, which resulted in a one-time non-cash loss of HKD 10.922 billion [2] - In 2024, the company recognized a one-time non-cash impairment and other provisions related to its Vietnam telecommunications business amounting to HKD 3.74 billion [2] - 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 for the company in 2026 [2]