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Broadband

HKBN's FY revenue jumps 85% boosted by WTT, JOS integration synergies, multi-play strategy

Friday 30 October 2020 | 04:04 CET | News
Hong Kong operator HKBN saw its revenue jump by 85 percent year-on-year to HKD 9.45 billion in the year ended 31 August 2020. EBITDA rose 47 percent to HKD 2.50 billion, while adjusted free cash flow increased 49 percent to HKD 1.11 billion. The substantial year-on-year increase was mainly boosted by consolidating the operating results of WTT and JOS and the realisation of synergies through integration, the company said.

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Categories: Fixed
Companies: HKBN
Countries: Hong Kong
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