SmarTone annual revenue up 6% on higher handset and accessory sales

Smartone Telecommunications Holdings

03/09/2026 10:10

Overview
Hong Kong telecom operator's fiscal yr revenue grew 6%, driven by handset and accessory sales
Net income attributable to shareholders rose 10% yr/yr
Board recommended final dividend, maintaining full-year payout at 32 HK cents per share

Outlook
Company expects Hong Kong mobile market to remain highly competitive in the near future
SmarTone aims to reverse declining service revenue and halt erosion in ARPU
Company plans further investment in network to support digitization and AI

Result Drivers
HANDSET AND ACCESSORY SALES - Revenue growth was primarily driven by higher handset and accessory sales
COST CONTROL - Staff costs and other operating expenses were reduced by 8% and 4% year-on-year, respectively, due to cost control and operational efficiency measures
SERVICE REVENUE DECLINE - Total service revenue declined by 3% and ARPU for postpaid mobile business fell, reflecting competitive pressures

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
HK$6.60 bln
 
FY Dividend
 
HK$0.18
 
FY Net Income Attributable
 
HK$525 mln
 

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Press Release https://www1.hkexnews.hk/listedco/listconews/sehk/2026/0903/2026090301176.pdf
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)