Back 12 May 2025

CK Hutchison Group Telecom Holdings Limited Starts 2025 with Growing Customer Base and Margin Improvement in Q1

Link: https://links.sgx.com/1.0.0/corporate-announcements/RAONZ1L5VKXMEP0T/c1a36666cd3d250fdfb94d6129a425acfd1251fbf28c2fb55bf5142ba7198796

Summary:

  • CK Hutchison Holdings Limited announced the release of the 2025 Q1 trading update for its telecom subsidiary, CK Hutchison Group Telecom Holdings Limited (CKHGT).
  • CKHGT reported an increase in its active customer base by 3% year-over-year, reaching 45.6 million.
  • For the first quarter of 2025, CKHGT's revenue was €2.5 billion, a 1% decrease year-over-year, while the total margin increased by 2% to €1.9 billion.
  • Net debt for CKHGT remained stable year-over-year at €2.5 billion.
  • The trading update provided insights into key markets, such as the UK operations experiencing a decrease in total revenue but an increase in total margin.