Fri, Nov 28, 2014, 11:11 AM EST - U.S. Markets close early today in 1 hr 49 mins for The day after Thanksgiving

Recent

% | $
Quotes you view appear here for quick access.

Hong Kong Television Network Limited Message Board

  • derf12_98 derf12_98 May 25, 2009 7:49 AM Flag

    INTERIM RESULTS FOR THE SIX MONTHS ENDED 28 FEBRUARY 2009

    INTERIM RESULTS
    FOR THE SIX MONTHS ENDED 28 FEBRUARY 2009
    HIGHLIGHTS as Posted by CTI
    ➢ Solid Fixed Telecommunications Network Service (FTNS) subscription growth of
    71,000, net to 872,000 during the period
    ➢ Being the fastest growing and second largest broadband service provider in Hong
    Kong, with net additions of 34,000 to 350,000 as at 28 February 2009
    ➢ Turnover grew by 15.6% year-on-year to HK$721.2 million driven by higher revenue
    contribution from our FTNS business of 24.8% year-on-year to HK$592.8 million
    ➢ EBITDA increased by 24.0% year-on-year to HK$232.0 million with EBITDA
    margin increased from 30.0% to 32.2% mainly due to the growing contribution from
    the higher margin FTNS business
    ➢ Net profit up 57.7% year-on-year to HK$75.3 million with basic earnings per share
    amounted to HK11 .6 cents
    ➢ Balance sheet continued to improve with net debt to annualized EBITDA of 0.3x
    ➢ Declared an interim dividend of HK3 cents per ordinary share

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Are the numbers higher than the ones reported around
      last week of March, 2009?

      Profits look much higher interms of percentage and Cash etc.

      • 1 Reply to nrloomba
      • The press release from March 2009 estimated that turnover, revenue, and earnings would increase by 10, 20 and 40 percent (respectively). The actual rates of increase are 16, 24, and 58 percent (respectively). So the numbers are indeed better than they had estimated.
        Will share price continue to appreciate? Let's hope so, but given how the stock trades, I would not count on it (nor get discouraged if it doesn't go up further). City Telecom is doing a great job.

 
HKTV
10.73-0.66(-5.79%)11:11 AMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.