HTHKH's H1 revenue plunges 21% on declining roaming service, hardware sales

Friday 31 July 2020 | 12:06 CET | News
Hutchison Telecommunications Hong Kong (HTHKH) saw its total revenue decline by 21 percent year-on-year to HKD 1.98 billion in the first half of 2020. Service revenue decreased by 7 percent to HKD 1.66 billion, mainly due to a 38 percent decline in roaming service revenue which accounted for 13 percent of the group's service revenue for the period. Hardware revenue of HKD 318 million was 57 percent lower year-on-year, reflecting lower spending on consumables and a fall in demand for new smartphones.

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Categories: Mobile & Wireless
Companies: Hutchison Telecommunications
Countries: Hong Kong
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