Hong Kong – The directors of PCCW Limited announced the unaudited consolidated results of the Company and its subsidiaries (collectively the “Group”) for the six months ended June 30, 2015. Some key figures are as follows:
- Core revenue increased by 25% to HK$17,983 million; consolidated revenue (including PCPD) increased by 23% to HK$18,082 million
- Core EBITDA increased by 30% to HK$5,784 million; consolidated EBITDA (including PCPD) increased by 30% to HK$5,683 million
- Consolidated profit attributable to equity holders of the Company increased by 1% to HK$1,070 million; basic earnings per share amounted to 14.39 HK cents
- Interim dividend of 7.96 HK cents per ordinary share
PCCW registered a satisfactory result for the six months ended June 30, 2015 demonstrating the operational and financial resilience across all of our core business lines.
Core revenue for the six months ended June 30, 2015 increased by 25% to HK$17,983 million. Core EBITDA increased by 30% to HK$5,784 million. These results reflect the benefits of the successful integration of CSL since the completion of the acquisition in May 2014, the continued investment in new initiatives in our Media business and the steady growth in our Solutions business.
The board of Directors has resolved to declare an interim dividend of 7.96 HK cents per ordinary share for the six months ended June 30, 2015.
BG Srinivas, PCCW Group Managing Director, said, “The investments in the Media OTT video platform, the expanded suite of e-commerce solutions and the new mobile payment service have demonstrated the Group’s resolve to address the needs of consumers and enterprises as they embrace the digital lifestyle. We will continue on our journey to becoming the digital transformation partner of choice of our customers.”