HKBN's Profit Soars Over 100% in Fiscal Year 2025; Shares Rise 4%
MT Newswires Live
Nov 03
HKBN (HKG:1310) reported profit of HK$206.9 million for the year ended Aug. 31, compared with HK$10.3 million a year earlier, representing a surge of over 100%, according to an Oct. 31 Hong Kong bourse filing.
Shares of the broadband network were up 4% in Monday's mid-day trade.
EBITDA rose 4% year-on-year to HK$2.45 billion, the filing said.
Revenue grew 4% to HK$11.1 billion.
The board recommended a final dividend of HK$0.189 per share, up from HK$0.165 a year earlier, payable on or around Jan. 6, 2026, to shareholders on record as of Dec. 30.
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