HKBN (1310) Announces 2025 Annual Results: Net Profit Hits HK$207 Million with 4% Revenue Growth

Bulletin Express
昨天

HKBN (1310) released its Annual Report 2025, highlighting a year-on-year 4% uptick in total revenue, reaching HK$11.13 billion. The Group reported a notable increase in net profit, climbing from HK$10 million last year to HK$207 million for the current period. EBITDA rose by 4% to HK$2.45 billion, attributed mainly to solid operational performance and initiatives that drove growth across residential and enterprise market segments.

According to the report, HKBN’s Enterprise Solutions business played a key role in fueling growth, with revenue up 15% year-on-year to HK$5.53 billion. This surge was largely driven by strong wholesale IDD revenue. Meanwhile, Residential Solutions revenue stood at HK$2.33 billion, maintaining stable customer retention and service enhancements.

In addition, HKBN’s Board recommended a final dividend of 18.9 HK cents per share, subject to shareholder approval at the upcoming Annual General Meeting. Alongside this, the proposed final dividend brings consistent returns to shareholders, aligning with the Group’s objective of delivering sustainable dividend payouts.

Looking ahead, HKBN remains focused on leveraging AI, 25Gbps home broadband, and digital enablement capabilities. Management expresses confidence in its strategy to capture rising enterprise demand, with the company fully prepared to meet customers’ evolving technology needs. The Group also expects its financial flexibility and continued network investments to support future growth and efficient operations.

As of 31 August 2025, the Group’s gearing ratio was 5.0x, reflecting a net debt position of HK$10.22 billion. Management underscores that the Group’s capital structure and sustainability-linked financing serve as key enablers in pursuing strategic investments, while maintaining operational resilience in a rapidly transforming environment.

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