HKT Trust and HKT Post Lower 2024 Profit; Raise Dividend

MT Newswires Live
20 Feb

HKT Trust and HKT (HKG:6823) reported attributable profit to holders of shares of HK$4.99 billion for the year ended Dec. 31, 2024, compared with HK$5.07 billion in the previous year, according to a Thursday filing with the Hong Kong bourse.

Earnings per share were HK$0.6588, compared with HK$0.6691 a year ago.

Revenue for the year was HK$34.33 billion, down from HK$34.75 billion in the prior year.

The telecom services provider proposed a final dividend of HK$0.4588, compared with HK$0.4444 a year ago. It will likely be paid on June 19.

The company's share prices were down by 1% at the close of trading.

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