Changes in Hong Kong stocks | HKT-SS (06823) rose more than 3%, profit attributable to medium-term shareholders' share holders increased 4% year-on-year, and the current valuation of the company is attractive

The Zhitong Finance App learned that HKT-SS (06823) rose more than 3% at the end of the session. As of press release, it had risen 3.11% to HK$13.26, with a turnover of HK$239 million.

According to the news, on July 29, HKT-SS announced the results for the first half of 2026, with total revenue of HK$18.685 billion, up 8% year on year; profit attributable to share holders increased 4% year on year to HK$2.153 billion, with profit of HK$28.41 per share, and distributed HK$34.80 points per share in the medium term.

Damo released a research report saying that HKT-SS's interim results were in line with expectations. The company's adjusted capital flow (AFF) increased 3% year-on-year in the first half of the year, in line with the forecast, and further cost savings should support the company's cash flow growth next year. Tama said that HKT's adoption of an asset-light AI model means that concerns about cash flow and capital expenditure are limited. However, the AI business is still in its early stages, and the adoption curve will be the next key observation point. The bank estimates the company's current dividend yield of 6.6%. Based on sound execution, cost savings, and AI selectivity, the valuation is very attractive.