SmarTone Reports 2% Increase in Profit to $479M with Stable Revenues at $6.25B for FY2024-25

Reuters
09/03
SmarTone Reports 2% Increase in Profit to $479M with Stable Revenues at $6.25B for FY2024-25

SmarTone Telecommunications Holdings Ltd. has announced its annual results for the fiscal year ending June 30, 2025. The company reported a profit attributable to equity holders of HK$479 million, marking a 2% increase from the prior year. Revenues remained relatively stable at HK$6.253 billion, compared to HK$6.221 billion in the previous year. Service revenue totaled HK$4.415 billion, showing a slight decrease from the previous year's HK$4.509 billion. Meanwhile, handset and accessory sales increased to HK$1.838 billion from HK$1.713 billion. The company achieved a substantial efficiency gain, reducing operating costs by HK$66 million. The growth momentum was particularly strong in the 5G Home Broadband segment, which saw a revenue increase of 16% and an EBITDA growth of 18%. Enterprise Solutions also performed well, with a 24% growth in EBITDA. Additionally, consumer outbound data roaming revenue grew by 5.5%. The Board of Directors proposed a final dividend of 17.5 cents per share, bringing the full-year dividend to 32.0 cents per share. SmarTone continues to focus on leveraging 5G connectivity, AI, and IoT technologies to better serve its customers.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SmarTone Telecommunications Holdings Ltd. published the original content used to generate this news brief on September 03, 2025, and is solely responsible for the information contained therein.

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