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