HKT Limited and HKT Trust announced their audited results for the year ended Dec, 31 2025. Total revenue rose 5% year on year to 36,553 million Singapore dollars, while revenue excluding mobile product sales was up 3% to 33,016 million Singapore dollars.
Total EBITDA increased 4% to 14,234 million Singapore dollars, supported by AI-driven efficiency gains. Adjusted funds flow expanded 4% to 6,199 million Singapore dollars. Profit attributable to holders of Share Stapled Units grew 4% to 5,286 million Singapore dollars, delivering basic earnings of 69.76 cents per unit.
The board proposed a final distribution of 47.97 cents per Share Stapled Unit, bringing the full-year payout to 81.77 cents, equal to 100% of adjusted funds flow.
Operational highlights included a 4% rise in fibre-to-the-home connections to 1.086 million, a 93% surge in 2500M broadband customers, and a 20% increase in 5G subscribers to 2.096 million, driving mobile services revenue up 5%. Enterprise business revenue climbed 8%, with new project wins exceeding 5 billion Singapore dollars.
Capital expenditure eased to 2,106 million Singapore dollars, or 5.8% of revenue, while net finance costs fell 23% amid lower average borrowings and interest rates.
Management expressed confidence in achieving stronger performance in 2026, citing stabilising economic conditions and continued investment in AI and digital infrastructure.