HTHKH achieves 16% rise in turnover and EBITDA

19 Mar 2013

Hutchison Telecommunications Hong Kong Holdings (HTHKH) has announced its financial and operational results for the year ended 31 December 2012. Consolidated turnover rose 16% from HKD13.407 billion (USD1.727 billion) in 2011 to HKD15.536 billion in 2012. Consolidated EBITDA also increased by 16%, from HKD2.611 billion to HKD3.020 billion in the full year. Consolidated EBIT increased 21% from HKD1.432 billion to HKD1.738 billion, while net profit attributable to shareholders rose 20% from HKD1.020 billion in 2011 to HKD1.227 billion in 2012.

HTHKH’s mobile division (covering Hong Kong and Macau) reported that turnover increased 19% to HKD12.383 billion in the twelve-month period, largely driven by ‘overwhelming’ demand for smart devices and data services. EBITDA and EBIT increased to HKD2.100 billion and HKD1.485 billion, reflecting growth of 23% and 25% respectively. Hong Kong and Macau mobile customers reached a total of over 3.7 million at end-December 2012, while post-paid 3G and 4G customers accounted for 94% of the post-paid customer base. Blended post-paid ARPU rose 7% to HKD261; Hong Kong-only blended post-paid ARPU increased by 8% to HKD264.

Turnover of the group’s fixed line operations showed a 7% increase to HKD3.640 billion in 2012. The carrier market contributed more than half of the total

revenue, representing a rise of 10% to HKD1.958 billion. Revenue from the corporate and business market increased 6% to HKD891 million in 2012 from HKD840 million in 2011. Revenue from the residential market in 2012 was HKD584 million, compared to HKD583 million the previous year.