HKBN

HKBN Announces Solid FY22 Annual Results

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Thursday, October 27, 2022

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.

HKBN Announces Solid FY21 Annual Results

Retrieved on: 
Thursday, October 28, 2021

HONG KONG, Oct. 28,2021 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) today announced solid operational and financial results for the year ended 31 August 2021 ("FY21").

Key Points: 
  • HONG KONG, Oct. 28,2021 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) today announced solid operational and financial results for the year ended 31 August 2021 ("FY21").
  • Despite a challenging economic environment, HKBN's performance remained strongin FY21 through synergies from integrations and strategic partnerships with business partners.
  • Key highlights of FY21 results include:
    Revenue, EBITDA and Adjusted Free Cash Flow ("AFF") recorded a growth of 21%, 3%, and 2% respectively to HK$11,464 million, HK$2,569 million and HK$1,132 million.
  • For more details of HKBN's results in FY21, please refer to the announcement:
    HKBN Ltd. (SEHK Stock Code: 1310, together with its subsidiaries, "HKBN" or the "Group") is an investment holding company.