Hutchison Telecommunications Hong Kong Holdings Ltd
HKEX:215

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Hutchison Telecommunications Hong Kong Holdings Ltd
HKEX:215
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Price: 1.21 HKD 0.83% Market Closed
Market Cap: 5.8B HKD

Hutchison Telecommunications Hong Kong Holdings Ltd
Investor Relations

Hutchison Telecommunications Hong Kong Holdings Ltd. engages in the provision of mobile and fixed-line telecommunications services. The company employs 1,045 full-time employees The company went IPO on 2009-05-08. The company provides 5G, 4G long-term evolution (4G LTE), 3G and global system for mobile communications (GSM) dual-band mobile telecommunications services under the '3' brand.

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215
Hang Seng (Hong Kong)
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Last Earnings Call
Fiscal Period
Q4 2022
Call Date
Feb 28, 2023
AI Summary
Q4 2022

Revenue Decline: Total revenue dropped by 9% to HKD 4,882 million, mainly due to a significant fall in hardware sales from supply chain issues.

Service Revenue Growth: Service revenue rose 1% to HKD 3,278 million, buoyed by a 14% rebound in roaming revenue and higher local service activity in the second half.

Net Loss: The company reported a net loss of HKD 158 million, attributed to lower hardware revenue, higher depreciation, and increased spectrum costs.

5G Penetration: 5G penetration on Hong Kong postpaid customers reached 30%, up 9 percentage points, with strong growth in both upgrades and new sales.

Cash Position: Cash and bank balances remained healthy at HKD 3.7 billion, with management open to considering special dividends or investments based on future needs.

CapEx Peaked: Capital expenditure fell 43%, as 5G-related investment peaked, helping boost free cash flow.

Dividend Maintained: A final dividend of HKD 5.21 per share was recommended, keeping payout steady at the HKD 361 million level until annual net profit exceeds this amount.

Roaming Recovery: Roaming revenue recovered to 50% of pre-pandemic levels by January 2023 and is expected to further improve as travel resumes.

Key Financials
Total Revenue
HKD 4,882 million
Service Revenue
HKD 3,278 million
Net Loss
HKD 158 million
Loss Per Share
HKD 3.28
Customer Base
3.3 million
5G Penetration (Hong Kong Postpaid)
30%
EBITDA less CapEx
HKD 924 million
CapEx over Service Revenue
15%
Cash and Bank Balances
HKD 3.7 billion
Dividend Per Share
HKD 5.21
Roaming Recovery Rate (Jan 2023)
50% of pre-pandemic level
Other Earnings Calls
2022

Management

Mr. Sing Fai Koo B.Sc., M.B.A.
CEO & Executive Director
No Bio Available
Mr. NG Marcus Byron
Chief Financial Officer
No Bio Available
Mr. Bing Yow Leong
Chief Technology Officer
No Bio Available
Mr. Christopher John Sanderson
Director of Legal Services & Regulatory
No Bio Available
Ms. Yan Hing Chow
Company Secretary
No Bio Available

Contacts

Address
48th Floor, Cheung Kong Center, 2 Queen's Road Central
Contacts
+85221281188.0
www.hthkh.com