Home THE DAILY EDGE Business PCCW posts 18% rise in net profit to $271m for FY09
PCCW posts 18% rise in net profit to $271m for FY09

Tags: Pacific Century CyberWorks | PCCW

Written by The Edge   
Wednesday, 10 March 2010 14:12
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PCCW says consolidated profit attributable to equity holders of the company increased by 18% to HK$1,506 million ($271 million) for the year ended December 31, 2009.

Core revenue decreased by 5% to HK$20,855 million; consolidated revenue including PCPD decreased by 22% to HK$25,077 million, reflecting lower property development revenue recognised.

Core EBITDA remained firm at HK$6,718 million; consolidated EBITDA including PCPD decreased by 6% to HK$7,499 million.

TV & Content achieved profitability milestone in 2009.

Basic earnings per share improved to 22.24 HK cents in 2009 from 18.78 HK cents in 2008 Final dividend of 13.3 HK cents per share.

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Last Updated on Wednesday, 10 March 2010 14:13