HKT Trust and HKT Past Earnings Performance

Past criteria checks 3/6

HKT Trust and HKT's earnings have been declining at an average annual rate of -1.1%, while the Telecom industry saw earnings growing at 9.4% annually. Revenues have been growing at an average rate of 1.2% per year. HKT Trust and HKT's return on equity is 14.9%, and it has net margins of 14.5%.

Key information

-1.1%

Earnings growth rate

-1.1%

EPS growth rate

Telecom Industry Growth	36.3%
Revenue growth rate	1.2%
Return on equity	14.9%
Net Margin	14.5%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How HKT Trust and HKT makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:4HK Revenue, expenses and earnings (HKD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	34,599	5,029	9,002
31 Mar 24	34,465	5,010	9,066
31 Dec 23	34,330	4,991	9,130
30 Sep 23	34,349	4,967	9,353
30 Jun 23	34,368	4,943	9,575
31 Mar 23	34,247	4,922	9,676
31 Dec 22	34,125	4,901	9,777
30 Sep 22	34,300	4,860	9,896
30 Jun 22	34,475	4,818	10,014
31 Mar 22	34,218	4,813	10,071
31 Dec 21	33,961	4,808	10,127
30 Sep 21	33,694	5,057	10,071
30 Jun 21	33,426	5,305	10,014
31 Mar 21	32,908	5,304	9,755
31 Dec 20	32,389	5,303	9,495
30 Sep 20	32,495	5,128	9,465
30 Jun 20	32,600	4,953	9,434
31 Mar 20	32,852	5,085	9,528
31 Dec 19	33,103	5,217	9,622
30 Sep 19	33,189	5,168	9,593
30 Jun 19	33,274	5,119	9,563
31 Mar 19	34,231	4,972	9,777
31 Dec 18	35,187	4,825	9,991
30 Sep 18	35,033	4,650	10,065
30 Jun 18	34,878	4,474	10,139
31 Mar 18	33,973	4,610	10,138
31 Dec 17	33,067	4,745	10,137
30 Sep 17	32,745	4,779	11,183
30 Jun 17	32,670	4,711	11,370
31 Mar 17	33,259	4,800	11,947
31 Dec 16	33,847	4,889	12,523
30 Sep 16	34,495	4,689	12,667
30 Jun 16	35,143	4,488	12,811
31 Mar 16	34,936	4,219	13,049
31 Dec 15	34,729	3,949	13,287
30 Sep 15	33,503	3,659	13,720
30 Jun 15	32,277	3,369	14,153
31 Mar 15	30,550	3,180	13,285
31 Dec 14	28,823	2,991	12,416
30 Sep 14	26,552	2,831	11,156
30 Jun 14	24,281	2,671	9,895
31 Mar 14	23,557	2,566	9,698
31 Dec 13	22,832	2,460	9,501

Quality Earnings: 4HK has high quality earnings.

Growing Profit Margin: 4HK's current net profit margins (14.5%) are higher than last year (14.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 4HK's earnings have declined by 1.1% per year over the past 5 years.

Accelerating Growth: 4HK's earnings growth over the past year (1.7%) exceeds its 5-year average (-1.1% per year).

Earnings vs Industry: 4HK earnings growth over the past year (1.7%) did not outperform the Telecom industry 4.4%.

HKT Trust and HKT Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: HK$0.26 (vs HK$0.26 in 1H 2023)

First half 2024 earnings released: EPS: HK$0.26 (vs HK$0.26 in 1H 2023)

HKT Trust and HKT Limited to Report First Half, 2024 Results on Jul 25, 2024

Full year 2023 earnings released: EPS: HK$0.66 (vs HK$0.65 in FY 2022)

Full year 2023 earnings released: EPS: HK$0.66 (vs HK$0.65 in FY 2022)

HKT Trust and HKT Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Recent updates

First half 2024 earnings released: EPS: HK$0.26 (vs HK$0.26 in 1H 2023)

First half 2024 earnings released: EPS: HK$0.26 (vs HK$0.26 in 1H 2023)

HKT Trust and HKT Limited Announces Distribution for the Six Months Ended 30 June 2024, Payable on September 03, 2024

HKT Trust and HKT Limited to Report First Half, 2024 Results on Jul 25, 2024

HKT Trust and HKT Limited Declares Final Distribution of the Year Ended 31 December 2023

Upcoming dividend of HK$0.44 per share

Full year 2023 earnings released: EPS: HK$0.66 (vs HK$0.65 in FY 2022)

HKT Trust and HKT Limited, Annual General Meeting, May 30, 2024

Final dividend of HK$0.44 announced

Full year 2023 earnings released: EPS: HK$0.66 (vs HK$0.65 in FY 2022)

HKT Trust and HKT Limited Proposes Final Dividend for the Financial Year Ended 31 December 2023, Payable on 20 June 2024

HKT Trust and HKT Limited to Report Fiscal Year 2023 Results on Feb 22, 2024

Upcoming dividend of HK$0.32 per share at 8.2% yield

First half 2023 earnings released: EPS: HK$0.26 (vs HK$0.25 in 1H 2022)

HKT Management Limited Appoints Mr. Tang Yongbo as Non-Executive Director of the Trustee-Manager

HKT Trust and HKT Limited to Report Q2, 2023 Results on Aug 02, 2023

Infratil Limited (NZSE:IFT) entered into a conditional agreement to acquire 80% stake in Console Connect Inc. from HKT Trust and HKT Limited (SEHK:6823) for $160 million.

Infratil Limited (NZSE:IFT) entered into a conditional agreement to acquire 80% stake in Console Connect Inc. from HKT Trust and HKT Limited (SEHK:6823).

Upcoming dividend of HK$0.43 per share at 7.4% yield

Full year 2022 earnings released: EPS: HK$0.65 (vs HK$0.64 in FY 2021)

Full year 2022 earnings released: EPS: HK$0.65 (vs HK$0.64 in FY 2021)

HKT Trust and HKT Limited to Report Fiscal Year 2022 Results on Feb 23, 2023

Less than half of directors are independent

Upcoming dividend of HK$0.31 per share

First half 2022 earnings released

HKT Trust and HKT Limited Declares Distribution for the Six Months Ended 30 June 2022, Payable on 08 September 2022

HKT Trust and HKT Limited to Report Q2, 2022 Results on Aug 11, 2022

HKT Trust and HKT Limited Approves Final Distribution in Respect of the Year Ended 31 December 2021

Upcoming dividend of HK$0.42 per share

Less than half of directors are independent

Full year 2021 earnings released: EPS: HK$0.64 (vs HK$0.70 in FY 2020)

HKT Trust and HKT Limited, Annual General Meeting, May 13, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Srinivas Bangalore Gangaiah to Retire as Non-Executive Director of HKT Management Limited and HKT Limited

HKT Trust and HKT Limited to Report Fiscal Year 2021 Results on Feb 24, 2022

Group General Counsel & Company Secretary of HKT Management Limited Bernadette Mak Lomas has left the company

Upcoming dividend of HK$0.31 per share

First half 2021 earnings released: EPS HK$0.25 (vs HK$0.25 in 1H 2020)

HKT Trust and HKT Limited Declares Final Distribution for the Year Ended December 31, 2020

Upcoming dividend of HK$0.41 per share

Full year 2020 earnings released: EPS HK$0.70 (vs HK$0.69 in FY 2019)

New 90-day high: €1.11

Full year 2020 earnings released: EPS HK$0.70 (vs HK$0.69 in FY 2019)

Revenue misses expectations

HKT Trust and HKT Limited, Annual General Meeting, May 07, 2021

HKT Trust and HKT Limited to Report Fiscal Year 2020 Results on Feb 04, 2021

New 90-day low: €1.01

New 90-day low: €1.04

New 90-day low: €1.06

New 90-day low: €1.06

New 90-day low: €1.07

New 90-day low: €1.09

HKT and New Jersey Fiber Exchange Announce the Launch of a New Point-Of-Presence

First half earnings released

New 90-day low - €1.16

HKT Trust and HKT Limited to Report First Half, 2020 Results on Aug 05, 2020

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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