Hong Kong Broadband (01310) announced its second interim results. Net profit of HK$317 million increased 53% year over year

According to the Zhitong Finance App, Hong Kong Broadband (01310) announced its second interim results for the 12 months ended August 31, 2026. The group achieved revenue of HK$11.821 billion, up 6% year on year; net profit of HK$317 million, up 53% year on year; and profit per share of HK21.4 cents.

Profit before interest, tax, depreciation and amortization was achieved at HK$2,487 billion, an increase of 1% year-on-year. This included discretionary bonuses to adjust remuneration and improve the quality of employee service, excluding a 4% year-on-year increase.

Adjusted free cash flow increased by 1% to HK$681 million, due to improved profit before interest, tax, depreciation and amortization and reduced interest expenses on bank loans, partially offset by increased capital expenditure and working capital outflows.

Net profit increased 53% to HK$317 million. The financing structure was optimized during the period. Although one-time expenses were incurred due to early repayment of bank financing, interest expenses were significantly reduced, core business was stable, and profitability was good.