Hkbn Ltd. · HKEX:1310
Hkbn — FY2025 Earnings Presentation
29 slides from Hkbn's earnings presentation, 2025
Slide 1: FY25 Annual Results Announcement
FY25 Annual Results Announcement Empowering Lives Reshaping Businesses Inspiring Innovations © HKBN Ltd. 2025. All Rights Reserved.
Slide 2: Disclaimer
Disclaimer These materials have been prepared by HKBN Ltd. (the “Company”) solely for use at this presentation and have not been independently verified. No representations or warranties, expressed or implied, are made as to, and no reliance should be placed on, the fairness, accuracy, completeness o
Slide 3: Management Present
Management Present Mr. LING Hao Mr. LI Xin Mr. LEI Liqun Dr. Denis YIP HKBN Board Chairman & HKBN Executive Director & HKBN Executive Director & HKBN President & Executive Director Group Chief Executive Officer Chief Financial Officer Group Chief Operating Officer 3
Slide 4: Overview
HONG KONG BROADBAND NETWORK
Slide 5: A Year of Sustainable Growth
A Year of Sustainable Growth Revenue EBITDA Net Profit AFF OPEX Deleveraging 4.93x 11.129B 2.451B 207M 677M 1.592B to YoY +4% YoY +4% YoY >20x YoY +9% YoY -3% 4.66x Full Year DPS: 34.4 HK Cents Both FY25 EBITDA and OPEX exclude one-time extraordinary charges related to the China Mobile Hong Kong tra
Slide 6: Our Strategy for Growth, Value and Infinite Possibilities
Our Strategy for Growth, Value and Infinite Possibilities Enterprise Solutions: A Digital Engine Driving Growth Residential Solutions: Defining the Future of Smart Living Partnering with Leading Technology Solution Providers Seamless Integration of Fixed and Mobile Networks Empowering Businesses to
Slide 7: Business Highlights
HONG KONG BROADBAND NETWORK
Slide 8: Solid Growth in Enterprise Business
Solid Growth in Enterprise Business Enterprise System 2Gbps & Above Enterprise Core Average Monthly Integration (SI) GigaFast Broadband Building Coverage Telecom Revenue* Churn Rate Revenue Customers $2.688B $770M Over 12,000 FY25 8,220 1.2% Commercial Buildings & Facilities vs YoY +3% YoY +14% FY24
Slide 9: Profitable Growth in Residential Business
Profitable Growth in Residential Business 2Gbps & Above Total Homes Residential Core Residential Residential Broadband GigaFast Broadband Passed Telecom Revenue* ARPU ARPH Subscribers Customers $2.027B $186 $217 Over 95,000 907K 2.65M YoY +2% YoY +2% YoY +5% YoY +44% Sustain YoY +2% * Excluding inte
Slide 10: Enterprise Solutions
HONG KONG BROADBAND NETWORK
Slide 11: 2Gbps and Beyond: Surging Enterprise Demand for GigaFast Broadband
2Gbps and Beyond: Surging Enterprise Demand for GigaFast Broadband 13.1% 11.9% Service Launch Service 10.5% Launch 9.3% August 2024 8.2% GigaFast Customers 7.1% 5.3% 6.1% 12,000+ 4.4% 5Gbps & 10Gbps 3.5% 2.5% 20%+ 1.6% of new GigaFast Contract Value Comes from 5Gbps+ Plans in Q4 FY2025 0.8% (Start 2
Slide 12: For SMEs: Biz-In-Motion and Shop-in-a-Box All-in-one Retail Solutions
For SMEs: Biz-In-Motion and Shop-in-a-Box All-in-one Retail Solutions Customers Onboarded in FY2025 13,500+ Total New Contract Value Acquired $250M+ Average Monthly Fee +25% 12
Slide 13: For Large Enterprises: Extended Connectivity Solutions
For Large Enterprises: Extended Connectivity Solutions - Integrating Our Telecom and Technology Expertise • Ultra-low Latency Cloud Connect via DWDM FY2025 Unified • Public Cloud for AI and Application Multi-cloud • Dedicated Cloud & Network Managed Services, with Real-time Connectivity Monitoring M
Slide 14: Stellar Performance in System Integration (SI) Business
Stellar Performance in System Integration (SI) Business Revenue YoY +14% Gross Profit YoY +16% Project Highlights Sports & Entertainment Financial Institution Outdoor Event Venue Organisation Next-Gen Critical Infrastructure Future-proof Global Crowd Tracking & Upgrade & Management Large Volume Trad
Slide 15: HKBN InnoTech Ecosystem Alliance (iTEA)
HKBN InnoTech Ecosystem Alliance (iTEA): Unlocking New Partnerships and Business Opportunities Unite leading technology solution providers to help enterprise customers overcome technology challenges and accelerate business growth Leverage Projects Won in H2 HKBN’s Strengths Total Contract Value 1,00
Slide 16: Expanding HKBN InnoTech Ecosystem Alliance with AI Powerhouses
Expanding HKBN InnoTech Ecosystem Alliance with AI Powerhouses AI Technologies Ranked 4th in Chinese Mainland Specialised in AI Enterprise Digital Next-generation AI Leading Cloud Computing Provider AI-powered Solutions Cloud Computing Market Speech Recognition & Transformation Service Solution with
Slide 17: Accelerating Future Network Tech R&D with Jiangsu Future Networks Innovation Institute
Accelerating Future Network Tech R&D & Application with Jiangsu Future Networks Innovation Institute 1st national mega-facility 未來網絡試驗設施 for next-gen networks China Environment for Network Innovation 34,000 km of fibre optic networks, 40 core cities & 60 nodes Experimental Advanced Five-hundred-mete
Slide 18: Exploring Low-Altitude Economy Opportunities with Beijing Research Institute of Telemetry
Exploring Low-Altitude Economy Opportunities with Beijing Research Institute of Telemetry • The Chief Executive's 2025 Policy Address: "The Government will forge ahead with building a competitive low-altitude economy ecosystem, to propel Hong Kong as an Asia-Pacific hub for innovative low-altitude a
Slide 19: 10x MetroNet Upgrade to 100Gbps - From Gigabits to Terabits
10x MetroNet Upgrade to 100Gbps - From Gigabits to Terabits Supercharging Enterprise Digital Transformation AI Applications Enterprise transformation engine MetroNet Fuel supply for AI DWDM Technology Key to Terabit speed Business Demands Tri-carrier Fibre Backbone Physical foundation for networks A
Slide 20: Protection of Critical Infrastructures Ordinance: Strong Demand for Network Security
Protection of Critical Infrastructures (Computer Systems) Ordinance: Strong Demand for Comprehensive Network Security Protection of Critical Infrastructures (Computer Systems) Ordinance to Take Effect on 1 January 2026 Network Security 3.3x Solutions vs. FY2024 • Establish Cybersecurity Management U
Slide 21: Residential Solutions
HONG KONG BROADBAND NETWORK
Slide 22: Boosting Profitability: Driving ARPU and ARPH with GigaFast Upgrades
Boosting Profitability: Driving ARPU and ARPH with GigaFast Upgrades and Infinite Play Bundles $220 ARPH* $217 $210 YoY +5% $207 $200 $190 ARPU $186 YoY +2% $180 $182 $179 $170 $160 FY23 FY24 FY25 ARPH ARPU * Average revenue per household 22
Slide 23: 2Gbps and Beyond: GigaFast Campaign in Residential Market
2Gbps and Beyond: GigaFast Campaign in Residential Market GigaFast Customers 4 % 95,000+ 4 Y :+ 11% Yo 9% Router Bundle 7% >90% 6% 5% +$86 Average Monthly Fee from Upgrade Orders in FY25 5Gbps & 10Gbps 202308 202402 202408 202502 202508 12%+ of GigaFast subscriptions Penetration Rate chose 5Gbps+ in
Slide 24: Boosting ARPH with Enhanced Infinite-Play Solutions
Boosting ARPH* with Enhanced Infinite-Play Solutions Premium Home Network Solutions OTT & Music Entertainment Voice Communications Healthcare Services Gerontechnology High Speed Fibre Broadband Global SIM Cybersecurity Travel & Home Insurance Wi-Fi Solution e-Commerce Shopping Mobile Services * Aver
Slide 25: Growing Momentum: Rising Subscriptions for Our Infinite-Play Solutions
Growing Momentum: Rising Subscriptions for Our Infinite-Play Solutions The upward trend indicates a growing adoption of our solutions among customers, proving the success of our Infinite-Play strategy. Customers value our comprehensive solutions – broadband, mobile, OTT, Wi-Fi solutions, home 10% ne
Slide 26: Steady Growth in Standalone OTT Subscriptions
Steady Growth in Standalone OTT Subscriptions* Global OTT OTT ARPU YoY +11% OTT Subscriptions YoY +11% 80 ARPU ($) BEST-SELLING Paid Subscriptions ('000) Telco Partners in Hong Kong 195 75 190 +11% +11% 70 185 65 180 175 60 Coming Soon 170 55 165 50 160 Will be launched in FY26 Q1 FY24 FY25 FY24 FY2
Slide 27: Home Infinity: Bespoke Home Services for Premium Customer Experience
Home Infinity: Bespoke Home Services for Premium Customer Experience Networking Customised Network & Home Solution Smart Home NAS Surveillance Target Large Size Flat > 800 sq. ft. Tailored-made solution planning, setup & on-site maintenance according to customer needs 27
Slide 28: Reaffirming Our ESG Commitment
Reaffirming Our ESG Commitment HKBN’s Inaugural Syndicated Sustainability-Linked Loan Interest rate adjustment mechanism tied to sustainability performance targets Targets The Asset Triple A Sustainable Infrastructure Awards 2025 • Reduction in carbon emissions TELECOM REFINANCING DEAL • Average fai
Slide 29: Thank you!
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