Cici Cao

HKT Trust and HKT (6823) said yesterday that its net profit rose nearly 2 percent to HK$5.07 billion in 2024 from 12 months ago on the back of surging roaming business.

Group managing director Susanna Hui Hon-hing also said the telecom provider will not be cutting prices, when commenting about China Mobile's (0941) bid for rival HKBN (1310).

HKT's interim distribution rose by 3.2 percent year-on-year to 45.88 HK cents per stapled unit, resulting in a total distribution of 78.80 HK cents.