Hutchison Telecommunications Hong Kong Holdings (HK:0215) has released an update.
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Hutchison Telecommunications Hong Kong Holdings Limited reported a 12% decrease in total revenue for the first half of 2024 compared to the previous year, with a notable 37% improvement in the loss attributable to shareholders and loss per share. Despite the overall decline, roaming service revenue grew by 31% thanks to strong outbound tourism, offsetting a 44% drop in hardware revenue. The company maintained a stable EBITDA and declared an unchanged interim dividend of 2.28 HK cents per share.
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