Hutchison Telecom Hong Kong (00215) announced results for the year ended December 31, 2023. The group achieved...
According to the Zhitong Finance App, Hutchison Telecom Hong Kong (00215) announced the results for the year ended December 31, 2023. The group achieved revenue of HK$4.896 billion during the period, up 0.29% year on year; loss due to shareholders was HK$52 million, narrowing by 67% year on year; basic loss per share was 1.08 HK cents; and proposed to pay a final dividend of HK5.21 cents per share.
According to the announcement, revenue from local services increased slightly by 1% compared to last year to HK$3,05 billion. Due to weakening demand and a cautious market climate, the decline in low-margin hardware earnings largely offset this increase, keeping the Group's total revenue at HK$4.896 billion.