SmarTone Telecommunications stock reports 10 percent profit growth

SmarTone Telecommunications stock reported fiscal 2026 profit growth of 10 percent as the Hong Kong operator balanced higher revenue with pressure on core service income. The stock stood at HKD 4.92 on HKEX on September 24, 2026, unchanged from the prior session.

Profit rises while services soften

Profit attributable to equity holders reached HKD 525 million for the year ended June 30, 2026, compared with HKD 478.9 million a year earlier. Revenue increased 6 percent to HKD 6.604 billion, while underlying EBIT rose 7 percent to HKD 749 million, according to ET Net in its September 3, 2026 report.

The mix remains uneven. Total service revenue declined 3 percent, and postpaid mobile average revenue per user fell from HKD 222 to HKD 220. At the same time, operating costs decreased 6 percent to HKD 1.518 billion, giving earnings support despite competitive pricing.

5G and enterprise services add growth

SmarTone Telecommunications Holdings Limited said 5G Home Broadband revenue increased 10 percent and Enterprise Solutions revenue rose 17 percent during fiscal 2026. Those gains helped offset weaker service revenue and show why handset sales and newer connectivity products matter more to the group revenue profile.

The board proposed a final dividend of HKD 0.175 per share, bringing the full-year payout to HKD 0.32 per share. That level was unchanged from the prior year, while capital expenditure declined 21 percent after earlier investment in the 5G network, according to The Standard.

Stock stays within yearly range

SmarTone stock stood at HKD 4.92 on HKEX on September 24, 2026. Its 52-week range was HKD 4.59 to HKD 5.30, placing the price HKD 0.38 below the yearly high, while market capitalization stood at HKD 5.411 billion.