Hutchison Telecommunications Hong Kong Announces 2011 Results
OREANDA-NEWS. March 26, 2012. Consolidated turnover grew 36% to HKD 13,407 million, driven by strong growth in smartphone sales and data communications, reported the press-centre of HTHKH.
Turnover of mobile business was HKD 10,406 million, of which service revenue amounted to HKD 5,467 million. EBITDA was HKD 1,712 million.
Turnover of fixed-line business was HKD 3,403 million and EBITDA was HKD 1,016 million.
Profit attributable to shareholders of the Company increased by 35% to HKD 1,020 million.
Earnings per share rose 35% to 21.17 HK cents.
Final dividend per share recommended at 10.70 HK cents, a growth of 57 %.
Mr Peter Wong, Chief Executive Officer of the Group, said: “We successfully delivered sustained growth and created value for shareholders and customers in 2011. Both revenue and profit of the Group continued to grow. Our mobile operations, 3, not only provided customers with convenient and comprehensive sales services with enhanced retail presence, but also boasts the largest amount of available radio spectrum bandwidth for service provision in Hong Kong. Our fixed-line operations, HGC, continued to grow its carrier, corporate and residential businesses by further expanding its local coverage and providing a fully integrated offering to customers. Our international and IDD businesses continued to grow as we expand our overseas coverage and interconnections with operators worldwide via our comprehensive network. We will endeavour to capitalise on the data era with our fixed-mobile integrated capabilities and a greater range of competitively priced and attractive service offerings.”
For more information on HTHKH, please visit www.hthkh.com
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