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HKT Limited Releases 2024 Financial Statements Highlighting Strong Market Presence

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HKT and HKT ( (HK:6823) ) has provided an update.

HKT Limited has released its audited consolidated financial statements for the year ended December 31, 2024, highlighting that HKTGH’s revenue accounted for the entirety of HKT Limited’s total revenue. HKTL, a subsidiary of HKTGH, contributed to about half of this revenue through its telecommunications services. This financial disclosure underscores HKT’s significant market presence in Hong Kong’s telecommunications sector and its strategic operations in broader markets.

More about HKT and HKT

HKT Limited, through its subsidiaries including HKT Group Holdings Limited (HKTGH) and Hong Kong Telecommunications (HKT) Limited (HKTL), operates primarily in the technology and telecommunications industry. The company provides a range of services such as enterprise solutions, mobile services, home solutions, media entertainment, and new ventures like loyalty platforms, financial services, and healthtech services. HKTGH and HKTL primarily serve Hong Kong but also have a presence in mainland China and other regions.

YTD Price Performance: 4.17%

Average Trading Volume: 26,946

Technical Sentiment Signal: Strong Sell

Current Market Cap: $10.35B

See more insights into 6823 stock on TipRanks’ Stock Analysis page.

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