HKBN, Second Half Turnaround Expected as Management Focus on Ebitda Growth

Hong Kong Telcos Outlook: Look to a Recovery in Cashflow in 2018

HKT Has a Major Advantage as the Only Integrated Telco Left in HK. It Is Well Positioned for 5G.

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Equity Bottom-Up

<p><a href="https://www.smartkarma.com/entities/289" target="_blank" data-smartkarma-citation="entities:289:1">HKBN (1310 HK)</a> delivered a second successive half of strong growth in revenue, Ebitda and adjusted free cash-flow. Revenue grew 22% YoY, Ebitda rose 23% and Adjusted Free Cash Flow rose 24%. These figures were an acceleration on 2H17 and are strongly supportive of the promise management made to investors to “harvest” investments made in OTT, Enterprise and mobile in the past two years. </p><p>For now, <a href="https://www.smartkarma.com/profiles/1916" target="_blank" data-smartkarma-citation="accounts:1916">Iain Johnston</a> see management as being focused on delivering this growth and thinks they will not seek…</p>

HKBN (1310 HK) delivered a second successive half of strong growth in revenue, Ebitda and adjusted free cash-flow. Revenue grew 22% YoY, Ebitda rose 23% and Adjusted Free Cash Flow rose 24%. These figures were an acceleration on 2H17 and are strongly supportive of the promise management made to investors to “harvest” investments made in OTT, Enterprise and mobile in the past two years. For now, Iain Johnston see management as being focused on delivering this growth and thinks they will not seek…

HKBN Delivers Strong Profit Growth in 1H18. More to Come.

HKBN Ltd

HKBN Delivers Strong Profit Growth in 1H18. More to Come.