HKBN Announces Solid FY22 Annual Results
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Thursday, October 27, 2022
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HONG KONG, Oct. 27, 2022 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) announced solid operational and financial results for the year ended 31 August 2022 ("FY22"). Amid challenging conditions like COVID-19's fifth wave hitting Hong Kong's economy hard and a tougher economic landscape, HKBN demonstrated its strong resilience and delivered a solid set of results in FY22, buoyed by its integration synergies, strategic partnerships and Infinite-play. Key highlights of FY22 results include:
Key Points:
- HONG KONG, Oct. 27, 2022 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) announced solid operational and financial results for the year ended 31 August 2022 ("FY22").
- Amid challenging conditions like COVID-19's fifth wave hitting Hong Kong's economy hard and a tougher economic landscape, HKBN demonstrated its strong resilience and delivered a solid set of results in FY22, buoyed by its integration synergies, strategic partnerships and Infinite-play.
- Key highlights of FY22 results include:
Despite the challenging economic environment, revenue grew year-on-year at 1% to $11,626 million. - *On 3 January 2022, HKBN completed the disposal of 60% of the issued share capital of HKBN JOS (SINGAPORE) PTE.