Summary by Futu AI
Hong Kong Telecom Trust and Hong Kong Telecom Limited announced their mid-year report for 2024, showing a moderate growth despite global inflationary pressure and geopolitical tensions. As a leading mobile communication solution provider, the company continues to utilize cutting-edge technology to enhance its network, and through providing reliable services, promotes digital transformation to support Hong Kong's position as an international hub for innovation and technology. The company's total revenue in the first half of 2024 increased by three percent to HKD 16.669 billion, while EBITDA grew by three percent to HKD 6.168 billion. The earnings attributable to unitholders of the trust increased by two percent to HKD 1.99 billion. The company declared an interim distribution of HKD 32.92 per unit of the trust for the six months ended 30 June 2024.