PCCW 1H revenue HK$18.92 billion

PCCW 1H revenue HK$18.92 billion

Hong Kong-based PCCW Ltd has reported a net loss of HK$445 million for the first half of 2023, despite recording total revenue of HK$18.92 billion for the period [1]. The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) was HK$6.01 billion, representing an EBITDA margin of 32% [1].

PCCW Ltd's interim dividend for the period was set at 9.77 Hong Kong cents per share [1]. Analysts have given the company a mixed stock recommendation, with one buy rating, one hold rating, and no sell ratings [1].

The company's Smart Score, as calculated by Smartkarma, stands at 3.4, indicating a promising long-term outlook. Strong ratings in Dividend, Growth, and Momentum factors suggest that PCCW Ltd is well-positioned for future success [1]. Its focus on telecommunications, Internet access, and multimedia services aligns with the increasing demand for connectivity and digital solutions.

Despite a moderate score in Value and Resilience, PCCW Ltd's overall positive ratings in key factors bode well for its sustained performance. Investors may find the company attractive due to its solid dividend yield, growth potential, and market momentum. PCCW Ltd's diverse portfolio, including system integration and property investments, indicates a well-rounded approach to capturing opportunities in Hong Kong and China's evolving tech landscape [1].

References:
[1] https://www.smartkarma.com/home/newswire/earnings-alerts/pccw-ltd-8-earnings-hk445m-net-loss-despite-hk18-92b-revenue-in-1h-2023/