Hong Kong Broadband Network net sinks by 63pc to HK$48.5m

Business | 21 Apr 2021 7:18 pm

Hong Kong Broadband Network's (1310) net profit dived by 63 percent to HK$48.56 million year on year for the six months ended February 28.

It declared an interim dividend of 39 HK cents per share, from 3.7 HK cents in the year before.

Revenue increased by 40 percent year-on-year to HK$6.2 billion, mainly contributed by six months of operating results of HKBN JOS.

Adjusted net profit, measured by profit for the period plus amortization of intangible assets and other non-recurring items, increased by 12 percent to HK$385.02 million.



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