Hkbn Ltd. · HKEX:1310

Hkbn — H1 FY2026 Earnings Presentation

28 slides from Hkbn's earnings presentation, Oct 27, 2026

1. Slide 1: HKBN Ltd. Interim Results Highlights

   HKBN Ltd. 1310 2026 8 31 2026 8 31 2025 8 31 2026 8 31 34 • 6% 118.21 8% • 24.87 1% 4% • 1% 6.81 • 53% 3.17 • 2026 8 31 2025 18.9 –1–

2. Slide 2: GigaFast and AI

   GigaFast 1 AI GigaFast AI 1 2 Gbps –2–

3. Slide 3: AI and AI+ strategy

   AI AI+ AI AI AI AI + AI 2026 10 27 –3–

4. Slide 4: Financial results summary

   1 2026 2025 8 31 8 31 11,820,879 11,128,542 +6% – 6,233,866 5,531,272 +13% – 1,933,603 1,798,770 +7% – 2,300,590 2,332,664 -1% – 1,352,820 1,465,836 -8% 316,568 206,864 +53% 1,2 2,486,724 2,451,160 +1% 1,3 681,143 677,070 +1% 1,2,3 316,568 206,864 +53% 284,650 286,773 -1% 320,356 351,337 -9% 859,577

5. Slide 5: Operating metrics and subscribers

   2 2026 2025 8 31 8 31 8,320 8,220 +1% – 109 107 +2% – 315 335 -6% 2,694 2,646 +2% – 928 907 +2% – 266 290 -8% 159 181 -12% 3,588 3,670 -2% (1) (2) (3) –5–

6. Slide 6: Enterprise Solutions and AI

   2026 8 31 6% 11% 81.67 AI AI 10.1 GigaFast 2.6 AI AI+ AI AI AI AI+ 100 AI AI Token-as-a-Service AI AI –6–

7. Slide 7: Residential Solutions GigaFast

   23.01 92.8 2% 269 GigaFast 40% 13.3 AI 2.5Gbps OTT Netflix Disney+ myTV SUPER HBO Max WeTV JOOX KKBOX 0.5% 218 24 9% 77.26 2% 30.77 7,300 –7–

8. Slide 8: Segment performance and AI business

   22% 5.53 HIBOR 2.33 2,800 1.10 900 1.63 53% 3.17 24.87 1% 4% 1% 6.81 3,600 2.18 1,300 1,100 300 1.82 9,500 AI AI • AI AI AI AI GigaFast GigaFast 2.5Gbps –8–

9. Slide 9: Financial and operational KPIs

   AI AI+ 2026 8 31 12.75 2025 11.92 111.98 2025 114.16 99.23 2025 102.24 2026 8 31 2.83 2025 3.92 2026 8 31 5.3 2025 5.0 2026 8 31 4.4 2025 4.7 3.8% 2025 6.2% 2026 8 31 4.2 2025 3.0 2026 2025 8 31 2026 8 31 16.03 2025 14.70 2026 8 31 –9–

10. Slide 10: Capital and financing overview

    2023 6 1 2025 11 24 2.5 52.50 2025 11 3.95% 2026 8 31 9 2026 8 31 7,000 2025 3,800 2026 8 31 2.82 2025 2.71 1,100 1983 7.80 1.00 – 10 –

11. Slide 11: Outlook and dividend

    2026 8 31 2026 8 31 3,588 2025 8 31 3,670 2026 8 31 2025 8 31 18.9 2026 8 31 2026 5 21 8 31 12 31 2026 12 31 2025 9 1 2026 12 31 – 11 –

12. Slide 12: Stock code 2410 notice

    2026 8 31 2026 8 31 2410 2026 8 31 C1 C3 2026 8 31 – 12 –

13. Slide 13: Publication notice

    (www.hkexnews.hk) (www.hkbnltd.net) 2026 8 31 2026 10 27 – 13 –

14. Slide 14: Consolidated income statement

    2026 8 31 2026 2025 8 31 8 31 4 11,820,879 11,128,542 5(a) 14,893 8,783 (7,726,017) (7,085,617) 5(b) (3,077,296) (3,125,440) 5(d) (553,133) (710,435) 5 479,326 215,833 6 (162,758) (8,969) 316,568 206,864 7 21.4 15.0 7 21.4 14.0 – 14 –

15. Slide 15: Comprehensive income statement

    2026 8 31 2026 2025 8 31 8 31 316,568 206,864 18,421 (2,122) 18,421 (2,122) 334,989 204,742 – 15 –

16. Slide 16: Consolidated statement of financial position

    2026 8 31 2026 2025 8 31 8 31 7,816,507 7,816,507 1,727,398 2,012,209 3,273,774 3,154,104 432,826 534,464 404,453 434,919 95,783 181,437 53,967 52,585 13,804,708 14,186,225 96,681 92,861 8 929,167 976,438 378,703 440,253 444,025 364,580 278 230 1,275,188 1,192,160 3,124,042 3,066,522 9 2,022,999 2,0

17. Slide 17: Equity and liabilities

    2026 8 31 2026 2025 8 31 8 31 149,362 153,583 459,589 514,418 150,793 246,897 66,769 67,997 10,776,800 6,645,920 11,603,313 7,628,815 2,111,991 2,285,751 149 149 2,111,842 2,285,602 2,111,991 2,285,751 – 17 –

18. Slide 18: Notes to the financial statements

    1 2026 8 31 34 2026 10 27 2026 2025 8 31 3 34 2025 8 31 2410 2 74.84% 941 600941 12 31 2026 5 21 8 31 12 31 2026 12 31 2025 9 1 2026 12 31 2026 8 31 2025 8 31 – 18 –

19. Slide 19: Revenue breakdown notes

    3 21 4 (i) (ii) (iii) (iv) (a) (i) (ii) (iii) (iv) 2026 2025 8 31 8 31 4,772,679 4,687,385 1,979,436 1,599,495 274,228 301,693 7,026,343 6,588,573 3,286,423 3,264,606 1,508,113 1,275,363 15 11,820,879 11,128,542 2,300,590 2,332,664 6,233,866 5,531,272 1,933,603 1,798,770 1,352,820 1,465,836 11,820,8

20. Slide 20: Notes continued

    4 (a) 2026 2025 8 31 2026 8 31 10.3% 2025 12.4% (b) (i) (ii) (iii) – 20 –

21. Slide 21: Segment information and EBITDA reconciliation

    4 (b) (iii) 2026 2025 2026 2025 2026 2025 8 31 8 31 8 31 8 31 8 31 8 31 10,655,518 10,107,064 1,605,099 1,455,473 12,260,617 11,562,537 (22,817) (42,062) (416,921) (391,933) (439,738) (433,995) 10,632,701 10,065,002 1,188,178 1,063,540 11,820,879 11,128,542 2,355,260 2,413,487 931,163 851,119 3,286,

22. Slide 22: Other income and expenses notes

    5 2026 2025 8 31 8 31 (a) (10,318) (8,734) 23,772 12,011 (6,357) (3,595) (3,047) (174) (18,943) (8,291) (14,893) (8,783) (b) 27,186 36,614 714,765 664,924 144,812 157,197 61,040 67,045 5(c) 1,041,321 974,667 320,356 351,337 284,650 286,773 – 73,308 483,166 513,575 52,696 56,600 91,040 90,399 37,519

23. Slide 23: Staff costs and finance costs notes

    5 (c) 2026 2025 8 31 8 31 1,396,457 1,330,384 132,443 124,507 1,528,900 1,454,891 (74,619) (76,424) (35,539) (16,966) (180,650) (176,748) (196,771) (210,086) 1,041,321 974,667 (d) 2026 2025 8 31 8 31 410,972 644,438 959 1,022 17,717 23,386 – 20 128,737 18,968 (5,252) 22,601 553,133 710,435 – 23 –

24. Slide 24: Cost breakdown notes

    5 (e) 2026 2025 8 31 8 31 # 320,356 372,377 – # 714,765 664,924 – # 144,812 157,284 623,324 563,429 9,296 8,572 # 61,040 67,045 3,078,126 3,123,126 3,390 5,755 # 5(b) 6 (a) 2026 2025 8 31 8 31 120,888 120,400 10,972 10,948 30,898 (122,379) 162,758 8,969 – 24 –

25. Slide 25: Income tax and earnings per share

    6 (a) 2026 8 31 16.5% 2025 16.5% 2025 8 31 200 8.25% 16.5% 2026 8 31 8.25% (b) 2025 7 (a) 316,568,000 2025 206,864,000 2026 2025 8 31 8 31 9 1 1,478,921 1,311,599 II (404) (760) 1,478,517 1,310,839 – 69,680 1,478,517 1,380,519 – 25 –

26. Slide 26: Trade receivables ageing

    7 (b) 2026 8 31 2025 8 31 206,864,000 II 2025 8 31 II 1,380,519 97,642 1,478,161 8 2026 2025 8 31 8 31 30 416,263 425,766 31 60 210,472 229,529 61 90 117,602 98,551 90 184,830 222,592 929,167 976,438 30 90 – 26 –

27. Slide 27: Trade payables and share capital

    9 2026 2025 8 31 8 31 1,253,204 1,364,638 769,795 714,107 2,022,999 2,078,745 2026 2025 8 31 8 31 30 783,635 857,152 31 60 192,596 184,870 61 90 134,534 145,713 90 142,439 176,903 1,253,204 1,364,638 10 (a) 2026 2025 8 31 8 31 15.5 2025 15.5 229,233 229,233 2026 1,478,921,568 2025 1,478,921,568 2026

28. Slide 28: Dividend notes

    10 (b) 2026 2025 8 31 8 31 18.9 2025 16.5 279,516 216,414 – 28 –

HKBN — H1 FY2026 Earnings Presentation on 6ix