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<Results>PCCW Interim Loss Narrows to $462M; Interim Div 9.77 Cents Flat YoY
Recommend 16 Positive 23 Negative 18 |
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PCCW (00008.HK) announced the interim results ended June 2024. The loss narrowed from HK$486 million in the corresponding period of previous year to HK$462 million. LPS was HK$5.98 cents. An interim dividend of HK$9.77 cents was declared, same as that in the corresponding period of the previous year. Revenue increased 5% YoY to HK$17.698 billion. EBITDA increased 1% to HK$5.672 billion, among which OTT Business EBITDA went up 39% to HK$229 million; Free TV & Related Business EBITDA rose 10% to HK$91 million; and HKT-SS (06823.HK) EBITDA added 3% to HK$6.168 billion. As of the end of June, Viu reached 11.7 million paid subscribers; ViuTV hit 3.2 million digital membership, up 6%, and managing 65 performing artists. AAStocks Financial News |
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