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Wireless

HKT revenue down 1% on declining roaming traffic, profit drops 12% in H1

Monday 10 August 2020 | 10:25 CET | News
Hong Kong operator HKT posted total revenue excluding Mobile product sales of HKD 13.63 billion for the six months ended 30 June 2020, which represents a decline of 1 percent year-on-year. The revenue drop was mainly due to the decline in roaming revenue amid travel restrictions that were in place throughout much of the first six months of the year, the company said. Total revenue decreased by 3 percent to HKD 14.60 billion. The decline in roaming traffic led to a drop in Mobile services revenue which fell by 8 percent to HKD 3.57 billion.

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Categories: Mobile & Wireless
Companies: HKT
Countries: Hong Kong
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