Workflow
电讯服务
icon
Search documents
香港电讯:上半年股份持有人应占溢利同比增加4%
news flash· 2025-07-31 09:34
Core Viewpoint - Hong Kong Telecommunications reported a 4% year-on-year increase in profit attributable to shareholders for the first half of 2025, driven by growth in local data services and telecommunications revenue [1] Financial Performance - Total revenue increased by 4% to HKD 17.322 billion [1] - EBITDA rose by over 3% to HKD 6.38 billion [1] - Profit attributable to shareholders increased by 4% to HKD 2.07 billion [1] - Basic earnings per share were HKD 0.2732 [1] - Interim dividend per share was HKD 0.3380 [1] Revenue Breakdown - Local data service revenue grew by 8% to HKD 6.867 billion [1] - Local telecommunications service revenue increased by 5% to HKD 8.714 billion [1]
香港电讯-SS(06823)公布中期业绩 股份持有人应占溢利增加4%至20.7亿港元 每股派33.8港分
智通财经网· 2025-07-31 08:48
Core Viewpoint - Hong Kong Telecommunications-SS (06823) reported a 4% year-on-year increase in total revenue to HKD 17.322 billion for the mid-year 2025 results, driven by growth in local data services and telecommunications services [1] Financial Performance - Total revenue increased by 4% to HKD 17.322 billion [1] - EBITDA rose over 3% to HKD 6.380 billion [1] - Profit attributable to shareholders increased by 4% to HKD 2.07 billion [1] - Basic earnings per share were HKD 0.2732, with an interim dividend of HKD 0.3380 per share [1] Revenue Breakdown - Local data service revenue grew by 8% to HKD 6.867 billion, constituting 79% of local telecommunications service revenue [1] - Local telecommunications service revenue increased by 5% to HKD 8.714 billion [1] - Revenue from pay television services was HKD 1.16 billion, while local telephone service revenue was HKD 0.953 billion [1] - International telecommunications service revenue grew by 1% to HKD 3.813 billion [1] - Total telecommunications service revenue rose by 4% to HKD 12.527 billion [1] Mobile Communications Business - Service revenue from mobile communications increased by 5% to HKD 4.189 billion [1] - Growth was driven by increased roaming services, an expanding postpaid customer base, higher wholesale revenue, and rising demand for enterprise solutions utilizing 5G and IoT technologies [1]
香港电讯-SS公布中期业绩 股份持有人应占溢利增加4%至20.7亿港元 每股派33.8港分
Zhi Tong Cai Jing· 2025-07-31 08:48
Core Insights - Hong Kong Telecommunications-SS (06823) reported a 4% year-on-year increase in total revenue to HKD 17.322 billion for the mid-year 2025 [1] - EBITDA rose over 3% to HKD 6.380 billion, while profit attributable to shareholders increased by 4% to HKD 2.07 billion [1] - Basic earnings per share were HKD 0.2732, with an interim dividend of HKD 0.3380 per share [1] Revenue Breakdown - Local data service revenue grew by 8% to HKD 6.867 billion, driving local telecommunications service revenue up by 5% to HKD 8.714 billion [1] - Local data services accounted for 79% of local telecommunications service revenue [1] - Pay TV services generated revenue of HKD 1.16 billion, while local telephone service revenue was HKD 0.953 billion [1] - International telecommunications service revenue increased by 1% to HKD 3.813 billion, contributing to a total telecommunications service revenue increase of 4% to HKD 12.527 billion [1] Mobile Services Performance - Mobile communications service revenue grew by 5% to HKD 4.189 billion, driven by increased roaming services, an expanding postpaid customer base, rising wholesale revenue, and growing demand for enterprise solutions utilizing 5G and IoT technologies [1]
电讯数码控股(06033.HK)拟4000万港元收购电讯数码证券全部股权
Ge Long Hui· 2025-07-29 11:04
格隆汇7月29日丨电讯数码控股(06033.HK)公告,于2025年7月29日,买方(公司的全资附属公司)与卖 方订立买卖协议,据此,买方有条件同意收购,而卖方有条件同意出售待售股份(相当于目标公司电讯 数码证券有限公司的全部已发行股本),代价为4000万港元,并将以现金支付。 收购事项将通过探索相关行业的商机使集团业务及收入来源多元化。收购事项(如落实)代表集团正式 进军香港金融及证券市场。通过进军香港金融及证券市场,集团旨在把握资本市场强劲复苏的机遇。自 2025年初以来,香港股市日均成交额已突破2,000亿港元,这主要受惠于本地及国际投资者的参与。基 于市场流动性及情绪改善以及估值回升,公司对市场前景持审慎乐观态度。凭藉目标公司的专业知识及 成熟的基础实施,收购事项将使集团能够利用该等有利条件产生稳定的收入,并通过金融服务与集团的 服务及产品组合形成互补。 预期收购事项将通过不同方式与集团的现有业务产生协同效应。首先,集团的财务实力及於香港的长期 声誉将会促进目标公司的业务及扩张,并在需要时使其能够扩大证券经纪服务的规模,从而提升其对集 团的收益贡献。第二,收购事项将会提供独特的推广机会,提高目标公司在 ...
李泽楷的第四个上市公司,成了
Sou Hu Cai Jing· 2025-07-08 10:46
Group 1 - Li Ka-shing's son, Li Zekai, founded FWD Group, which officially listed on the Hong Kong Stock Exchange on July 7, marking his fourth acquisition of a listed company [2] - Li Zekai has a bold investment style, having previously achieved a nearly 40-fold increase in stock price within a week after acquiring a company valued at over 300 million HKD [2] - He successfully acquired a 54% stake in Hong Kong Telecom for 13 billion USD, using the yet-to-be-acquired telecom as collateral, completing the largest merger in the Hong Kong market in just 18 days [2] Group 2 - Li Zekai aims to build an insurance company covering all of Asia, with acquisitions in Hong Kong, Vietnam, Japan, and Malaysia, making FWD Group the fastest-growing insurance giant in Southeast Asia [3] - From 2012 to the present, FWD Group has made over ten acquisitions, increasing its annual new premium to over 1.9 billion USD, more than five times the amount from ten years ago [3] - Despite the aggressive expansion, FWD Group's operational capabilities appear average, with only Hong Kong Telecom generating consistent profits, while the parent company, PCCW, has struggled financially [4] Group 3 - FWD Group's increasing debt, exceeding 3.6 billion USD as of April this year, has hindered its expansion into mainland China, delaying Li Zekai's Asian strategy [4] - To support FWD's listing and continued acquisitions, Li Zekai has engaged wealthy investors from the Middle East and Japan, indicating ongoing capital operations [4] - The strategy of burning cash for growth is expected to continue as FWD Group seeks to expand its market presence [4]
鹏华基金余展昌:恒生中国央企指数仍具投资价值
Zhong Guo Jing Ji Wang· 2025-06-18 02:35
Core Viewpoint - The article highlights that state-owned enterprises (SOEs) in China, characterized by low valuations, high profitability, and substantial dividends, have become a safe haven for investors amid rising geopolitical tensions and market volatility [1][2]. Group 1: Market Performance - The Hang Seng China SOE Index has increased by over 4.5% since June 1, 2023, and nearly 20% over the past year, outperforming other indices [1]. - The index has risen by 21.08% since its launch on April 17, 2023, significantly surpassing the Hang Seng Index's 17.72% and the Shanghai Composite Index's 1.51% during the same period [2]. Group 2: Sector Analysis - The top three sectors by weight in the Hang Seng China SOE Index are finance (43.4%), energy (22.4%), and telecommunications (17.1%), all of which are high-dividend sectors [2]. - Major companies in the top ten weighted stocks include China Construction Bank, Industrial and Commercial Bank of China, China Mobile, China National Offshore Oil Corporation, and Semiconductor Manufacturing International Corporation [2]. Group 3: Policy and Reform - The upcoming Central Economic Work Conference in 2024 aims to enhance state-owned enterprise reforms, which are expected to provide new growth momentum and improve performance [2]. - The market anticipates that these reforms will lead to significant improvements in the operational efficiency and profitability of SOEs [2]. Group 4: Future Outlook - The current low valuation levels of SOEs, combined with accelerated mergers and acquisitions, are expected to raise the valuation center of these enterprises [3]. - The low interest rate environment may encourage long-term funds, such as insurance and pension funds, to increase their allocation to high-dividend SOEs [3]. - Improved liquidity in the Hong Kong stock market, driven by enhanced trading mechanisms and increased southbound capital inflows, is likely to benefit the Hang Seng China SOE Index [3].
中国联通:AIDC强劲增长,派息比例稳步提升至60%-20250320
Investment Rating - The report assigns a "Buy" rating to the company with a target price of HKD 13, representing a potential upside of 38% from the current price of HKD 9.6 [4][7]. Core Insights - The company's revenue and profit performance are in line with expectations, with a steady increase in the dividend payout ratio to 60%. For the fiscal year ending December 31, 2024, the company is projected to achieve a revenue of HKD 389.6 billion (+4.6% YoY) and a net profit of HKD 20.7 billion (+10.1% YoY) [3][7]. - The company is experiencing robust growth in its AIDC (Artificial Intelligence Data Center) orders, with a significant increase in its cloud and data center revenues driven by advancements in artificial intelligence [7]. - The capital expenditure structure is optimized, with a reduction in overall capital spending while maintaining growth in computing power investments [7]. Financial Summary - **Revenue Projections**: The company expects revenues to grow from HKD 372.6 billion in 2023 to HKD 389.6 billion in 2024, with a compound annual growth rate (CAGR) of approximately 4.6% over the next few years [3][12]. - **Net Profit**: The net profit is projected to increase from HKD 18.9 billion in 2023 to HKD 20.7 billion in 2024, reflecting a growth rate of 10.1% [3][12]. - **Earnings Per Share (EPS)**: EPS is expected to rise from HKD 0.65 in 2023 to HKD 0.72 in 2024, indicating a growth of 11.8% [3][12]. - **Dividend Growth**: The company has consistently increased its dividend per share, with a projected dividend of HKD 0.43 for 2024, up 20.1% YoY, and a target payout ratio increasing to over 75% in the coming years [7][12]. - **Capital Expenditure**: The capital expenditure is forecasted to decrease from HKD 613.7 billion in 2024 to HKD 550 billion in 2025, while investments in computing power are expected to grow by 28% [7][12]. Market Position - The company holds a strong position in the telecommunications sector, with significant growth in its IoT (Internet of Things) connections and a leading position in the automotive IoT market [7]. - The report highlights the company's strategic focus on AI and cloud services, which are anticipated to drive future revenue growth [7].