Announcement • Feb 10
PCCW Limited, Annual General Meeting, May 21, 2026 PCCW Limited, Annual General Meeting, May 21, 2026. Announcement • Jan 29
PCCW Limited to Report Fiscal Year 2025 Results on Feb 10, 2026 PCCW Limited announced that they will report fiscal year 2025 results on Feb 10, 2026 Announcement • Jul 22
PCCW Limited to Report First Half, 2025 Results on Aug 01, 2025 PCCW Limited announced that they will report first half, 2025 results on Aug 01, 2025 Announcement • May 15
PCCW Limited Declares Final Dividend of the Year Ended 31 December 2024 PCCW Limited at its AGM held on May 15, 2025, declare a final dividend of 28.48 HK cents per ordinary share in respect of the year ended 31 December 2024. Announcement • Feb 11
PCCW Limited to Report Fiscal Year 2024 Results on Feb 21, 2025 PCCW Limited announced that they will report fiscal year 2024 results on Feb 21, 2025 Reported Earnings • Sep 10
First half 2024 earnings released: HK$0.06 loss per share (vs HK$0.063 loss in 1H 2023) First half 2024 results: HK$0.06 loss per share (improved from HK$0.063 loss in 1H 2023). Revenue: HK$17.7b (up 5.0% from 1H 2023). Net loss: HK$462.0m (loss narrowed 4.9% from 1H 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Declared Dividend • Jul 29
First half dividend of HK$0.098 announced Dividend of HK$0.098 is the same as last year. Ex-date: 9th August 2024 Payment date: 4th September 2024 Dividend yield will be 9.6%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Reported Earnings • Jul 28
First half 2024 earnings released: HK$0.06 loss per share (vs HK$0.063 loss in 1H 2023) First half 2024 results: HK$0.06 loss per share (improved from HK$0.063 loss in 1H 2023). Revenue: HK$17.7b (up 5.0% from 1H 2023). Net loss: HK$462.0m (loss narrowed 4.9% from 1H 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Telecom industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Announcement • Jul 16
PCCW Limited to Report First Half, 2024 Results on Jul 26, 2024 PCCW Limited announced that they will report first half, 2024 results on Jul 26, 2024 Recent Insider Transactions • Jul 03
Acting Group MD recently sold HK$3.4m worth of stock On the 28th of June, Hon Hing Hui sold around 872k shares on-market at roughly HK$3.89 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Hon Hing has been a net seller over the last 12 months, reducing personal holdings by HK$18m. Announcement • Jun 28
PCCW Limited Announces Resignation of Wang Fang as Non-Executive Director The board of directors (the "Board") of PCCW Limited announced that Ms. Wang Fang ("Ms. Wang") resigned as a Non-Executive Director of the Company and amember of the Nomination Committee of the Board with effect from 28 June 2024 due to changes in her work arrangements. Announcement • May 31
PCCW Limited Approves Final Dividend for the Year Ended 31 December 2023 PCCW Limited at its annual general meeting held on May 30, 2024, approved a final dividend of 28.48 HK cents per ordinary share in respect of the year ended 31 December 2023. Upcoming Dividend • May 27
Upcoming dividend of HK$0.28 per share Eligible shareholders must have bought the stock before 03 June 2024. Payment date: 21 June 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 9.1%. Within top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (5.9%). Reported Earnings • Apr 03
Full year 2023 earnings released: HK$0.061 loss per share (vs HK$0.088 loss in FY 2022) Full year 2023 results: HK$0.061 loss per share (improved from HK$0.088 loss in FY 2022). Revenue: HK$36.3b (flat on FY 2022). Net loss: HK$471.0m (loss narrowed 30% from FY 2022). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Telecom industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Declared Dividend • Feb 25
First half dividend of HK$0.28 announced Dividend of HK$0.28 is the same as last year. Ex-date: 3rd June 2024 Payment date: 21st June 2024 Dividend yield will be 9.2%, which is higher than the industry average of 6.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Announcement • Feb 24
PCCW Limited, Annual General Meeting, May 30, 2024 PCCW Limited, Annual General Meeting, May 30, 2024. Agenda: To consider to approve the payment of final divided of 28.48 HK cents per ordinary share for the year ended 31 December 2023 to shareholders whose names appear on the register of members of the company; and to transact such other business issues. Announcement • Feb 23
PCCW Limited Proposes Final Ordinary Dividend for the Year Ended 31 December 2023, Payable on 21 June 2024 PCCW Limited proposed a final ordinary dividend of HKD 0.2848 per share for the year ended 31 December 2023. Ex-dividend date: 03 June 2024. Record date: 06 June 2024. Payment date: 21 June 2024. Date of shareholders' approval is 30 May 2024. Announcement • Feb 10
PCCW Limited to Report Fiscal Year 2023 Results on Feb 23, 2024 PCCW Limited announced that they will report fiscal year 2023 results on Feb 23, 2024 Recent Insider Transactions • Dec 12
Executive Chairman recently bought HK$5.7m worth of stock On the 5th of December, Tzar Kai Li bought around 1m shares on-market at roughly HK$3.93 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$14m. Tzar Kai has been a buyer over the last 12 months, purchasing a net total of HK$274m worth in shares. Recent Insider Transactions • Dec 06
Executive Chairman recently bought HK$3.3m worth of stock On the 30th of November, Tzar Kai Li bought around 845k shares on-market at roughly HK$3.94 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$14m. Tzar Kai has been a buyer over the last 12 months, purchasing a net total of HK$268m worth in shares. Recent Insider Transactions • Oct 10
Executive Chairman recently bought HK$7.9m worth of stock On the 6th of October, Tzar Kai Li bought around 2m shares on-market at roughly HK$3.64 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$11m. Tzar Kai has been a buyer over the last 12 months, purchasing a net total of HK$103m worth in shares. Recent Insider Transactions • Sep 27
Executive Chairman recently bought HK$5.8m worth of stock On the 21st of September, Tzar Kai Li bought around 2m shares on-market at roughly HK$3.54 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$11m. Tzar Kai has been a buyer over the last 12 months, purchasing a net total of HK$76m worth in shares. Recent Insider Transactions • Aug 17
Acting Group MD recently sold HK$1.9m worth of stock On the 9th of August, Hon Hing Hui sold around 500k shares on-market at roughly HK$3.89 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$2.0m. Hon Hing has been a net seller over the last 12 months, reducing personal holdings by HK$7.8m. Recent Insider Transactions • Aug 11
Acting Group MD recently sold HK$2.0m worth of stock On the 4th of August, Hon Hing Hui sold around 500k shares on-market at roughly HK$3.93 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Hon Hing has been a net seller over the last 12 months, reducing personal holdings by HK$7.8m. Upcoming Dividend • Aug 10
Upcoming dividend of HK$0.098 per share at 9.9% yield Eligible shareholders must have bought the stock before 17 August 2023. Payment date: 06 September 2023. The company is not currently making a profit and its cash payout ratio is 91%. Trailing yield: 9.9%. Within top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (5.6%). Reported Earnings • Aug 04
First half 2023 earnings released: HK$0.063 loss per share (vs HK$0.011 loss in 1H 2022) First half 2023 results: HK$0.063 loss per share (further deteriorated from HK$0.011 loss in 1H 2022). Revenue: HK$16.9b (down 7.7% from 1H 2022). Net loss: HK$368.0m (loss widened 318% from 1H 2022). Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Telecom industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jul 25
PCCW Limited to Report First Half, 2023 Results on Aug 03, 2023 PCCW Limited announced that they will report first half, 2023 results on Aug 03, 2023 Announcement • Jun 01
PCCW Limited Approves to Declare A Final Dividend in Respect of the Year Ended 31 December 2022 PCCW Limited approved to declare a final dividend of 28.48 HK cents per ordinary share in respect of the year ended 31 December 2022. Upcoming Dividend • May 26
Upcoming dividend of HK$0.28 per share at 9.5% yield Eligible shareholders must have bought the stock before 02 June 2023. Payment date: 21 June 2023. The company is not currently making a profit and its cash payout ratio is 91%. Trailing yield: 9.5%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (5.6%). Reported Earnings • Apr 06
Full year 2022 earnings released: HK$0.088 loss per share (vs HK$0.11 profit in FY 2021) Full year 2022 results: HK$0.088 loss per share (down from HK$0.11 profit in FY 2021). Revenue: HK$36.1b (up 1.7% from FY 2021). Net loss: HK$676.0m (down 181% from profit in FY 2021). Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Telecom industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 25
Full year 2022 earnings released: HK$0.023 loss per share (vs HK$0.12 profit in FY 2021) Full year 2022 results: HK$0.023 loss per share (down from HK$0.12 profit in FY 2021). Revenue: HK$36.1b (down 6.7% from FY 2021). Net loss: HK$441.0m (down 147% from profit in FY 2021). Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Telecom industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 15
PCCW Limited to Report Fiscal Year 2022 Results on Feb 24, 2023 PCCW Limited announced that they will report fiscal year 2022 results on Feb 24, 2023 Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director David Chance was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Aug 18
Upcoming dividend of HK$0.096 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 09 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.0%. Within top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (6.2%). Buying Opportunity • Aug 16
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.0%. The fair value is estimated to be HK$5.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 7.3% in 2 years. Earnings is forecast to grow by 66% in the next 2 years. Reported Earnings • Aug 14
First half 2022 earnings released: HK$0.011 loss per share (vs HK$0.041 loss in 1H 2021) First half 2022 results: HK$0.011 loss per share (up from HK$0.041 loss in 1H 2021). Revenue: HK$18.3b (flat on 1H 2021). Net loss: HK$88.0m (loss narrowed 72% from 1H 2021). Over the next year, revenue is forecast to grow 4.1%, compared to a 6.3% growth forecast for the industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Board Change • Jul 02
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Non-Executive Director David Chance was the last independent director to join the board, commencing their role in 2013. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 10
Upcoming dividend of HK$0.28 per share Eligible shareholders must have bought the stock before 17 May 2022. Payment date: 01 June 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.2%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (6.3%). Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: HK$0.12 (vs HK$0.13 loss in FY 2020) Full year 2021 results: EPS: HK$0.12 (up from HK$0.13 loss in FY 2020). Revenue: HK$38.7b (up 1.6% from FY 2020). Net income: HK$938.0m (up HK$1.96b from FY 2020). Profit margin: 2.4% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Over the next year, revenue is forecast to grow 4.4%, compared to a 8.3% growth forecast for the industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: HK$0.12 (up from HK$0.13 loss in FY 2020). Revenue: HK$38.7b (up 1.6% from FY 2020). Net income: HK$1.16b (up HK$2.18b from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.9%, compared to a 6.5% growth forecast for the industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Executive Departure • Oct 06
Group General Counsel & Company Secretary Bernadette Mak Lomas has left the company On the 1st of October, Bernadette Mak Lomas' tenure as Group General Counsel & Company Secretary ended after 5.1 years in the role. We don't have any record of a personal shareholding under Bernadette Mak's name. Bernadette Mak is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.67 years. Upcoming Dividend • Aug 12
Upcoming dividend of HK$0.094 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 03 September 2021. Trailing yield: 7.8%. Within top quartile of Hong Kong dividend payers (6.5%). Higher than average of industry peers (4.3%). Reported Earnings • Aug 09
First half 2021 earnings released: HK$0.041 loss per share (vs HK$0.076 loss in 1H 2020) The company reported a solid first half result with reduced losses and improved control over expenses, although revenues were flat. First half 2021 results: Revenue: HK$18.4b (flat on 1H 2020). Net loss: HK$315.0m (loss narrowed 46% from 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Upcoming Dividend • May 05
Upcoming dividend of HK$0.23 per share Eligible shareholders must have bought the stock before 11 May 2021. Payment date: 10 June 2021. Trailing yield: 7.1%. Within top quartile of Hong Kong dividend payers (6.1%). Higher than average of industry peers (4.4%). Reported Earnings • Apr 04
Full year 2020 earnings released: HK$0.13 loss per share (vs HK$0.088 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$38.0b (up 1.4% from FY 2019). Net loss: HK$1.02b (down 250% from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 06
Full year 2020 earnings released: HK$0.13 loss per share (vs HK$0.088 profit in FY 2019) The company reported a soft full year result with weaker earnings and weaker control over costs, although revenues improved. Full year 2020 results: Revenue: HK$38.0b (up 1.4% from FY 2019). Net loss: HK$1.02b (down 250% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue misses expectations Revenue missed analyst estimates by 0.4%. Over the next year, revenue is forecast to stay flat compared to a 5.4% growth forecast for the Telecom industry in Hong Kong. Is New 90 Day High Low • Jan 21
New 90-day low: HK$4.36 The company is down 10.0% from its price of HK$4.85 on 23 October 2020. The Hong Kong market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$65.34 per share. Is New 90 Day High Low • Jan 06
New 90-day low: HK$4.57 The company is down 1.0% from its price of HK$4.60 on 09 October 2020. The Hong Kong market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Telecom industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$66.94 per share. Is New 90 Day High Low • Oct 20
New 90-day high: HK$5.03 The company is up 14% from its price of HK$4.42 on 22 July 2020. The Hong Kong market is down 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is HK$23.17 per share.