Hutchison Telecommunications Hong Kong Holdings Limited · HKEX:215
Hutchison Telecommunications Hong Kong — H1 2025 Earnings Presentation
28 slides from Hutchison Telecommunications Hong Kong's earnings presentation, 2025
Slide 1: 2025 Interim Results Presentation
2025 Interim Results Presentation
Slide 2: Disclaimer
Disclaimer The information, statements and opinions contained in this Presentation and subsequent discussion do not constitute an offer to sell or solicitation of any offer to subscribe for or purchase any securities or other financial instruments or any advice or recommendation in respect of such s
Slide 3: Agenda
Agenda Executive Summary Results Highlights Financial Review Business Review & Development Sustainability Outlook 3
Slide 4: Executive Summary
Executive Summary
Slide 5: Executive Summary
Executive Summary Robust growth in roaming revenue and a steady rise in 5G penetration, Home Broadband, Corporate and Prepaid business Revenue Base Roaming (1) (4) 5G Home Broadband Mobile Customer Number (1) 5G Base Penetration (2) +30% +34% 6.134m 57% YoY YoY +44% YoY +6%-pt YoY Corporate Solution
Slide 6: Results Highlights
Results Highlights
Slide 7: Results Highlights: Sustained Upward Trajectory
Results Highlights: Sustained Upward Trajectory Revenue +8% YoY $2,216 million Net customer service revenue +4% YoY $1,822 million EBITDA(1) +6% YoY $771 million EBITDA less capex Interim dividend +6% YoY $597 million 2.28 HK cents Flat YoY EBIT(2) +120% YoY $6 million Profit attributable to shareho
Slide 8: Financial Review
Financial Review
Slide 9: Revenue: Improvement in Total Revenue
Revenue: Improvement in Total Revenue Service Revenue ($m) Local Service Revenue ($m) +4% YoY -2% YoY Growth in roaming service revenue has more Represented 78% of service revenue than offset the 2% decline in local service revenue 82% 78% Due to the continued competitive landscape and evolving cons
Slide 10: Customers: Continued Prepaid Subscriber Growth
Customers: Continued Prepaid Subscriber Growth Prepaid Postpaid 77% 23% of total customer base (1H 2024 : 66%) of total customer base (1H 2024 : 34%) 6,134k +44% YoY Jun-24 2,827k Jun-24 1,444k Jun-24 4,271k Dec-24 3,217k Dec-24 1,423k Dec-24 4,640k Jun-25 6,134k Jun-25 4,735k Jun-25 1,399k Increase
Slide 11: Customers: Solid Progress in 5G Services Transition
Customers: Solid Progress in 5G Services Transition 5G Customer Base 5G Home Broadband Base • 5G penetration(1) deepens • Maintained momentum 57% (1H 2024 : 51%) +6%-pt YoY +17% YoY 1H 2024 1H 2025 5G customer base 1H 2024 2H 2024 1H 2025 Net ARPU(2) Postpaid Churn • Driven by strong performance in
Slide 12: Effective Cost-saving Efforts and Financial Discipline
Effective Cost-saving Efforts and Financial Discipline Operating Expenses Capital Expenditure Net Cash(1) (excl. telecommunications licences) • Effective cost management for • Strategic investments for network • Healthy cash position network operations optimisation • Prudent financial management +5%
Slide 13: Business Review & Development
Business Review & Development
Slide 14: Network Development
Network Development 5.5G use cases across mega event venues First to deploy extensive 5.5G network hotspots Live streaming in 4K high definition @ Kai Tai Sports Park @ West Kolwoon Cultural District Innovative immersive theatre experience Private network configuration @ Hong Kong Cultural Centre @
Slide 15: Network Development
Network Development Boosting 5G coverage in Northern Metropolis to support Government development and coverage enhancement Network enhancement Network enhancement by activating (West Rail Lane @Kam Sheung Road Station) 3.5GHz golden spectrum (@Tai Lam Tunnel) 15
Slide 16: Agentic AI to Enhance Customer Network Experience
Agentic AI to Enhance Customer Network Experience The Agentic AI system performs continuous, multi-dimensional analysis of customer interactions across a wide range of applications, delivering deep and real-time insights into user experience Multi-tasking & Rapid Response Proactive Detection & Resol
Slide 17: 5G Growth Momentum
5G Growth Momentum 5G Subscription 5G Broadband 5G Base & 5G Penetration(1) 5G Broadband Revenue 100,000,000 100% 5G Broadband ARPU +6%-pt 57% 60% 90,000,000 90% 140 100% 51% 80,000,000 80% 90% +34% +9% 800,000 55% 80% 70,000,000 70% 130 700,000 50% 70% 60,000,000 60% 120 60% 45% 50,000,000 50% 600,
Slide 18: Roaming
Roaming Strong growth in roaming service revenue by expanding markets and products leveraging our global network edges Roaming Revenue 112% of pre-pandemic $450M levels $400M $350M +30% Outbound +32% $300M $250M $200M $150M $100M $50M Inbound +20% $0M 1H 2019 1H 2024 1H 2025 • Expanded the roaming b
Slide 19: SoSIM
SoSIM Continuing to solidify SoSIM business with strong growth Revenue ARPU(1) 125M $60.0 $55.0 120M 115M +11% $50.0 +$10 110M $45.0 $40.0 105M $35.0 100M $30.0 95M $25.0 90M $20.0 85M $15.0 80M $10.0 1H 2024 1H 2025 1H 2024 1H 2025 • GBA Travel Pro Pass: First in market(2) to launch 24-hour travel
Slide 20: Corporate Solutions
Corporate Solutions Stay abreast of the ever-changing technology and mobile communication trends to provide comprehensive solutions Revenue(1) Precise Digital Marketing Solutions 80 100% • Using Big Data to target 90% 70 +30% 80% 60 70% 60% specific customer segments. 50 50% 40% • Analysing market d
Slide 21: Corporate Solutions
Corporate Solutions Our reliable network and services created seamless network experience Providing National Games Hong Kong Test Events Empowering MTR with Exclusive 5G Interactive Live with 5G Network Services Streaming Solution for the Summer Campaign • Provided premium 5G network services for me
Slide 22: Sustainability
Sustainability Hutchison Telecom Hong Kong Holdin
Slide 23: Alignment with Longstanding Sustainability Values
Alignment with Longstanding Sustainability Values Governance Introduced workforce diversity policy Sustainable Cloud-native intelligent infrastructure which can enhance resilience during Supported the launch of the Business extreme weather Anti-scam Consumer Protection Charter 3.0 Model Advanced IoT
Slide 24: Outlook
[1] Hutchison Telecom HE Hong Kong Holdings
Slide 25: Outlook
Outlook Driving Growth in Roaming • Strengthen the roaming business across both mass and wholesale segments by capitalising on the strong rebound in international travel and leveraging the extensive network of the 3 Group. Corporate Solutions • 3Business Empower as a managed information technology s
Slide 26: Thank You
[27] Hutchison Telecom Hong Kong Holdings eB BRR | a » # a 4 tk Thank You _ a @r A member of CK Hutchison Holdings
Slide 27: Appendix
[1] Hutchison Telecom Hong Kong Holdings
Slide 28: Financial Information
Financial Information Appendix HK$ million 1H 2025 1H 2024 Change HK$ million 1H 2025 1H 2024 Change Revenue 2,216 2,058 +8% EBITDA 771 728 +6% Net customer service revenue 1,822 1,760 +4% Service EBITDA 768 726 +6% Hardware and other product revenue 394 298 +32% Service EBITDA margin % 42% 41% +1%
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