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.
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