Pacific Century Regional Developments (SG:P15) has released an update.
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Pacific Century Regional Developments reports a positive interim financial performance for the first half of 2024, with a 2% revenue increase and a notable 3% rise in EBITDA due to cost efficiency improvements, including AI deployment. The company has achieved significant growth in its broadband and 5G mobile customer base, alongside a 27% year-on-year increase in enterprise customer contract value. Moreover, the interim distribution per Share Stapled Unit has been declared at 32.92 HK cents.
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