Earnings Alerts

HKT Ltd (6823) Earnings: 1H Net Income Surges to HK$1.99B With Strong Revenue and Dividend Payout

  • Net Income: HKT Trust reported a net income of HK$1.99 billion for the first half of 2024.
  • Revenue: The company generated a revenue of HK$16.67 billion.
  • EBITDA: Earnings before interest, taxes, depreciation, and amortization (EBITDA) stood at HK$6.17 billion.
  • Interim Dividend: An interim dividend of 32.92 HK cents per share has been declared.
  • Analyst Ratings: The stock has received 5 buy ratings, with no hold or sell ratings.

A look at HKT Ltd Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores for HKT Ltd, the company is showing a promising long-term outlook. With strong ratings in Dividend, Growth, and Momentum, HKT Ltd seems to be positioned well for future success. The company’s focus on providing telecommunications services, including local telephony, data and broadband services, and international telecommunications services, aligns with the current market demands.

Although the Value and Resilience scores are not as high, the overall positive ratings in key areas indicate a favorable outlook for HKT Ltd. Investors may find HKT Ltd an attractive option for potential growth and dividend returns in the telecommunications sector. As a stapled security alongside HKT Trust, the company’s services and strategic positioning in the industry make it a compelling choice for those looking for long-term investment opportunities.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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