Hkbn Ltd. · HKEX:1310

Hkbn — H1 FY2023 Earnings Presentation

34 slides from Hkbn's earnings presentation, 2023

  1. Slide 1: HKBN Ltd.

    HKBN Ltd. 1310 2023 2 28 2023 2 28 2023 2023 34 • 67.07 # 2022 2% • 11.96 6% • 20 2022 40 # 2022 1 3 StarHub Ltd. HKBN JOS (SINGAPORE) PTE. LTD. HKBN JOS (MALAYSIA) SDN. BHD. 60% –1–

  2. Slide 2: ICT SI

    ICT SI 30 (ICT) 2019 Jardine One Solution (JOS) (SI) ICT SI ICT 75% SI 25% 1 SI (SLA) ICT ICT ICT 5% 10% ICT SI 10 20 –2–

  3. Slide 3: SI layer of OSI model

    SI SI 7– layer of OSI model SI 1995 SI SI ICT –3–

  4. Slide 4: ICT OSI

    ICT OSI ICT • OSI • OSI SI • 1 OSI (LUCA) ICT — 25 = 25 1 –4–

  5. Slide 5: 2,400 2022 2022 1,341 1,200 +33% 1,008 22 22 23 2 –5–

    2 2,400 100 24 2 2022 8 31 2022 6 8 1,341 1,200 +33% 2 1,008 22 22 23 2 –5–

  6. Slide 6: NGO ICT

    1990 2000 (NGO) ICT NGO NGO ICT JOS 2019 12 14 6 43% 10 5,000 –6–

  7. Slide 7: # 6,707,216 6,803,050 -1% — 2,348,457 2,290,870 +3% — 1,039,731 1,294,917 -20% — 1,196,941

    1 2023 2022 2 28 2 28 # 6,707,216 6,803,050 -1% — 2,348,457 2,290,870 +3% — 1,039,731 1,294,917 -20% — 1,196,941 1,224,398 -2% — 2,122,087 1,992,865 +6% 23,238 304,330 -92% 1,2 102,208 479,790 -79% * 1,3 1,195,742 1,277,783 -6% 1,4 367,648 715,990 -49% 1,2 23,238 304,330 -92% 195,991 209,153 -6% (32

  8. Slide 8: ARPU

    2 2023 2022 2022 2 28 8 31 2 28 8,033 8,006 7,932 +1% — 119 119 120 -1% — 401 413 421 -5% 5 103 105 106 -3% 2,543 2,513 2,489 +2% — 915 897 889 +3% — 411 432 458 -10% ARPU 6 179 181 187 -4% 241 241 242 -0% 980 976 983 -0% 4,834 4,864 4,700 +3% –8–

  9. Slide 9: Notes: II IDD ARPU definitions

    (1) (2) (3) (4) II (5) IDD (6) ARPU IDD ARPU ARPU ARPU –9–

  10. Slide 10: IDD

    2,400 100 24 2023 1% 6% 49% 67.07 11.96 3.68 • 3% 23.48 IDD • 2,700 2% 11.97 • 6% 21.22 7,300 2% 45.73 IDD 9,400 5% 17.46 5,400 1,300 2,300 1.06 205% 3.24 8,500 1.32 100 – 10 –

  11. Slide 11: JOS

    8,000 115% 1,200 3.04 92% 2,300 79% 1.02 2023 2.18 12.78 6% 11.96 7.16 49% 3.68 8,200 1,200 1.42 8,400 6,100 400 500 2,400 JOS 2019 12 14 6 43% 10 2023 2022 J 2023 2023 – 11 –

  12. Slide 12: 9.80 2022 11.29 117.45 2022 118.65 107.65 2022 31 107.36 5.38 2022 8 31

    2023 2 28 9.80 2022 8 31 11.29 117.45 2022 8 31 118.65 107.65 2022 8 31 107.36 2023 2 28 5.38 2022 8 31 5.18 2023 2 28 2.5 2022 8 31 2.4 2023 2 28 4.8 2022 8 31 4.6 3.9% 2022 8 31 2.7% 2023 2 28 2.8 2022 8 31 3.3 2023 2 28 2022 8 31 2023 2 28 17.27 2022 8 31 17.13 2023 2 28 2020 10 30 2023 5 31 2.6

  13. Slide 13: 6,700 2022 8,800 3.50 2022 2.27 1.23 1983 7.80 1.00 2023 4,834 2022 8

    9 2023 2 28 6,700 2022 8 31 8,800 2023 2 28 3.50 2022 8 31 2.27 1.23 1983 7.80 1.00 2023 2023 2 28 4,834 2022 8 31 4,864 – 13 –

  14. Slide 14: III II III Plus

    2023 2 28 2015 2 21 2017 12 27 2019 9 4 2021 10 21 II III III Plus * III Plus IV * (i) 2019 4 30 Metropolitan Light Company Limited WTT Holding Corp WTT WTT (ii) 2019 6 21 III III Plus II II 2015 2 21 7 3 7 3 25% 25% 50% II (i) 2015 3 12 10% (ii) 10% II II II II 5,666,666 0.56% II – 14 –

  15. Slide 15: III Plus

    2023 III Plus III Plus 2019 9 4 III III Plus 2019 2020 2021 2019 2020 2021 2.53 2019 2020 2021 3.03 1.33 2019 7 29 2019 2020 2021 2.53 III Plus III Plus IV IV 2021 10 21 IV 2022 2023 2024 2022 2024 3.01 IV CO4 2021 9 21 – 15 –

  16. Slide 16: IV

    2023 IV 2022 2023 9 1 2 28 IV 2023 2023 2023 2023 IV — 1,899,565 – – – – 1,899,565 — 1,607,570 – – – – 1,607,570 800,531 – – 280,057 – 520,474 8,395,588 – – 598,297 – 7,797,291 12,703,254 – – 878,354 – 11,824,900 IV 2023 1 IV IV (i) (ii) 2023 2025 (iii) 2023 1 1 17 IV (i) IV (ii) 2023 1 19 – 16 –

  17. Slide 17: 2023 2022 2023 2023 75% 33,464,442 167,322,212 2023 5 31 2023 2023 5 18

    2023 20 2022 2 28 40 2023 5 22 2023 5 31 75% 33,464,442 2023 2 28 20 167,322,212 2023 5 31 2023 2023 5 18 2023 5 22 2023 5 17 4 30 183 17 1712 1716 2023 – 17 –

  18. Slide 18: Squared Asia Advisors Pte Ltd.

    2023 2023 2410 2023 14 10 2023 2023 3 2 2023 4 2 I Squared Asia Advisors Pte Ltd. – 18 –

  19. Slide 19: Bradley Jay Horwitz

    2023 3 1 (www.hkexnews.hk ) (www.hkbnltd.net ) 2023 Bradley Jay HORWITZ 2023 4 26 Bradley Jay HORWITZ MH SBS, JP Zubin Jamshed IRANI – 19 –

  20. Slide 20: Consolidated income statement

    2023 2 28 2023 2022 2 28 2 28 3 6,707,216 6,803,050 4(a) 9,667 37,085 (4,573,040) (4,499,739) 4(b) (1,746,248) (1,839,751) 4(d) (324,445) (106,420) 3,112 (744) (65,220) (8,794) 4 11,042 384,687 5 12,196 (80,357) 23,238 304,330 6 1.8 23.2 6 1.6 20.6 – 20 –

  21. Slide 21: Statement of comprehensive income

    2023 2 28 2023 2022 2 28 2 28 23,238 304,330 (1,537) 7,079 447 – – (1,917) (1,090) 5,162 22,148 309,492 – 21 –

  22. Slide 22: Statement of financial position

    2023 2 28 2023 2022 2 28 8 31 9,016,507 9,016,507 2,985,576 3,202,607 3,555,365 3,731,436 704,961 705,607 494,673 513,045 60,479 56,920 6,284 17,110 15,359 15,359 71,036 26,724 76,343 98,531 16,986,583 17,383,846 134,022 111,478 7 1,040,245 967,414 459,998 463,892 289,514 237,189 944 25 18,398 57,44

  23. Slide 23: Statement of financial position (continued)

    2023 2 28 2023 2022 2 28 8 31 — 36,000 54,000 — 153,920 145,807 732,884 800,662 — 389,073 381,850 54,285 52,492 10,667,378 10,913,214 17,420 24,162 12,050,960 12,372,187 4,650,447 4,924,083 132 132 4,650,315 4,923,951 4,650,447 4,924,083 – 23 –

  24. Slide 24: 2023 2023 2022 2022 2410 2.85 .79 15 1.49 16 12 – 24 –

    1 2023 2 28 34 2023 4 26 2023 2022 8 31 2 34 2022 8 31 2410 2023 2 28 2.85 5.79 15 1.49 16 12 – 24 –

  25. Slide 25: Revenue notes

    2 • 16 2021 6 30 2019 • 9 39 7 4 16 — 3 (i) (ii) (iii) (iv) (a) (i) (ii) (iii) (iv) 2023 2022 2 28 2 28 2,326,218 2,322,403 519,777 442,584 181,866 183,256 3,027,861 2,948,243 3,161,818 3,287,782 517,537 556,524 15 6,707,216 6,792,549 – 10,501 6,707,216 6,803,050 – 25 –

  26. Slide 26: Segment information

    3 (a) 2023 2022 2 28 2 28 1,196,941 1,224,398 2,348,457 2,290,870 1,039,731 1,294,917 2,122,087 1,992,865 6,707,216 6,803,050 2023 2 28 21.2% 3(b) (b) – 26 –

  27. Slide 27: (b) (i) (ii)

    3 (b) (i) (ii) – 27 –

  28. Slide 28: Segment revenue and results

    3 2023 2022 2023 2022 2023 2022 2 28 2 28 2 28 2 28 2 28 2 28 2,695,015 2,716,360 466,803 571,422 3,161,818 3,287,782 3,465,228 3,333,061 80,170 182,207 3,545,398 3,515,268 6,160,243 6,049,421 546,973 753,629 6,707,216 6,803,050 28,291 34,605 154,524 151,392 182,815 185,997 6,188,534 6,084,026 701,4

  29. Slide 29: Expenses notes

    4 2023 2022 2 28 2 28 (a) (4,702) (1,535) 15 8,090 – (4,512) – (26,859) (4,980) (12,269) (9,667) (37,085) (b) 186,987 172,472 — 368,175 355,454 — – 3,953 — 96,729 95,018 (472) 650 (53) – 36,511 59,887 4(c) 455,694 509,624 195,991 209,153 138,945 148,658 267,741 284,882 — 32,231 41,145 — 40,932 47,17

  30. Slide 30: (c) 749,917 830,001 52,786 64,003 – – 802,703 ,216 (25,689) (24,901) (197,670) (160,048) 579,344

    4 (c) 2023 2022 2 28 2 28 749,917 830,001 52,786 64,003 – 145 – 67 802,703 894,216 (25,689) (24,901) (197,670) (160,048) 579,344 709,267 455,694 509,624 123,650 199,643 579,344 709,267 (d) 2023 2022 2 28 2 28 316,342 126,237 2,467 480 (54,284) 5,623 48,823 (36,024) 10,639 9,473 458 631 324,445 106,4

  31. Slide 31: Income tax notes

    4 (e) 2023 2022 2 28 2 28 217,031 241,246 — 368,175 355,454 — – 3,953 — 98,112 97,852 188,901 205,537 6,975 6,654 36,511 59,887 16,395 16,521 3,004,833 3,087,159 – 48 5 2023 2022 2 28 2 28 — (93,800) (112,262) — (6,102) (8,572) 112,098 40,477 12,196 (80,357) 2023 2 28 16.5% 2022 2 28 16.5% 2 8.25% 1

  32. Slide 32: Earnings per share

    6 (a) 23,238,000 2022 2 28 304,330,000 II 1,310,839,000 2022 2 28 1,310,746,000 2023 2022 2 28 2 28 2021 2022 9 1 1,311,599 1,311,599 II (5,667) (5,667) II 4,907 4,814 II 1,310,839 1,310,746 (b) 23,238,000 2022 2 28 304,330,000 II II 2023 2022 2 28 2 28 II 1,310,839 1,310,746 167,322 167,322 1,478,1

  33. Slide 33: Trade receivables ageing

    7 2023 2022 2 28 2 28 30 485,791 418,724 31 60 208,549 177,519 61 90 114,285 104,103 90 231,620 267,068 1,040,245 967,414 30 90 8 2023 2022 2 28 2 28 30 327,927 262,486 31 60 273,907 146,918 61 90 122,400 134,080 90 239,487 235,167 963,721 778,651 – 33 –

  34. Slide 34: Dividends

    9 (i) 2023 2022 2 28 2 28 20 2022 2 28 40 262,320 524,640 2023 1,311,599,356 2022 1,311,599,356 (ii) 2023 2022 2 28 2 28 20 2022 2 28 37.5 262,320 491,850 – 34 –

HKBN — H1 FY2023 Earnings Presentation on 6ix