Annual Financial Review
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the
contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability
whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
HKT
HKT Trust
(a trust constituted on November 7, 2011 under the laws of Hong Kong and managed by HKT Management Limited)
and
HKT Limited
(incorporated in the Cayman Islands with limited liability)
(Stock Code: 6823)
ANNUAL RESULTS ANNOUNCEMENT
FOR THE YEAR ENDED DECEMBER 31, 2021
The directors of HKT Management Limited (the “Trustee-Manager”, in its capacity as the trustee-manager of
the HKT Trust) and HKT Limited (the “Company” or “HKT”) are pleased to announce the audited
consolidated results of the HKT Trust and of the Company together with the Company's subsidiaries
(collectively the "Group") for the year ended December 31, 2021.
Total revenue increased by 5% to HK$33,961 million, reflecting continued strong demand for fixed
broadband services, the broader 5G adoption by both consumers and enterprises and robust handset
sales
Total EBITDA increased by 2% to HK$12,733 million; increased by 5% if adjusted for impact of
Employment Support Scheme (“ESS”) in 2020
Adjusted Funds Flow increased by 2.4% to HK$5,513 million
Reflecting the breadth and scale of our diversified business portfolio, resilient demand for our core
services while improvements on operational efficiencies continued
Profit before income tax, excluding other gains/losses, net, was stable at HK$5,827 million
Profit attributable to holders of Share Stapled Units amounted to HK$4,808 million; basic earnings
per Share Stapled Unit was 63.49 HK cents
Final distribution per Share Stapled Unit is 42.07 HK cents, resulting in a total distribution of
72.77 HK cents representing the full payout of Adjusted Funds Flow per Share Stapled Unit for
the year
1View entire presentation