Hong Kong · Delayed Price · Currency is HKD PCCW Limited Earnings Call Transcripts
Fiscal Year 2026
-
Revenue grew 7% year-over-year to HKD 2.59 billion, with EBITDA up 3% to US$793 million, driven by HKT and ViuTV. AI initiatives and strong content are set to boost H2 momentum, while disciplined capital management and liquidity remain strong.
Fiscal Year 2025
-
Revenue grew 7% to $5.16B and EBITDA rose 3% to $1.704B, with strong OTT and HKT performance. Viu led Southeast Asia streaming, while new content and talent initiatives are set to drive 2026 growth. Dividend payout remains disciplined at 91.5% of HKT upstream.
-
H1 revenue rose 7% to over $2.4bn and EBITDA grew 6% to $771m. Viu subscribers reached 13.8m and OTT EBITDA rose 51%; HKT grew revenue 4%, while fewer H1 events weighed on Free TV.
Fiscal Year 2024
-
Revenue rose 3% to $4.8B, with strong OTT and free TV growth, and stable EBITDA. Subscriber base and ad revenues outpaced the market, while prudent capital management reduced leverage and improved liquidity.
-
Revenue grew 5% year-over-year to $2.269 billion, with strong media and HKT performance. OTT and ViuTV segments saw double-digit growth, and debt leverage is set to improve following a passive network asset sale.
Fiscal Year 2023
Fiscal Year 2022
Fiscal Year 2021
Fiscal Year 2020
-
FY revenue rose 1% and service revenue 4%, while consolidated EBITDA eased 3% amid COVID-related roaming and project impacts. Viu, Free TV and Solutions grew strongly, with a $3.2B Solutions backlog supporting 2021 growth plans.