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smartone telecommunications (315) Snapshot

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smartone telecommunications (315) Details

SmarTone Telecommunications Holdings Limited, an investment holding company, principally provides telecommunications services, and sells handsets and accessories in Hong Kong and Macau. The company offers voice, multimedia, and broadband services through its 4G and 3G HSPA+ networks, as well as fixed fiber broadband services for the home and office markets. It provides mobility services, including phone and connected device plans, SIM only plans, and roaming and IDD; enterprise solutions comprising mobility management, productivity improvement, intelligent networking and data security, customer experience enhancement, and SmarTone cloud; fixed services consisting of Internet access, private data network, and voice communications; consulting services, which include cloud, mobility, network, and security consulting services to banking and finance, construction, hospitality, retail, and logistics industry applications. The company was founded in 1992 and is headquartered in Kwun Tong, Hong Kong. SmarTone Telecommunications Holdings Limited is a subsidiary of Sun Hung Kai Properties Limited.

2,140 Employees
Last Reported Date: 09/29/16
Founded in 1992

smartone telecommunications (315) Top Compensated Officers

Chief Executive Officer and Executive Directo...
Total Annual Compensation: $280.0K
Executive Director
Total Annual Compensation: $6.4M
Chief Technology Officer and Executive Direct...
Total Annual Compensation: $6.6M
Compensation as of Fiscal Year 2016.
smartone telecommunications
Smartone Telecommunications Holdings Ltd. Announces Executive Changes

The board of directors of SmarTone Telecommunications Holdings Ltd. announced that Mr. Tsim Wing-kit, Alfred has retired by rotation as non-executive director of the company with effect from the conclusion of the AGM. Mr. Tsim did not seek for re-election as director of the company due to other work commitments. As a result of his retirement, Mr. Tsim also ceased to act as a member of the audit committee of the company with effect from the close of the AGM held on Nov. 1, 2016.

SmarTone Telecommunications Holdings Ltd. Announces Audited Consolidated Earnings Results for the Year Ended June 30, 2016

SmarTone Telecommunications Holdings Ltd. announced audited consolidated earnings results for the year ended June 30, 2016. For the period, the company reported revenues of HKD 18,355,611,000 compared to HKD 18,658,836,000 a year ago. Operating profit was HKD 1,104,378,000 compared to HKD 1,243,837,000 a year ago. Profit before income tax was HKD 962,392,000 compared to HKD 1,130,537,000 a year ago. Profit after income tax was HKD 787,410,000 compared to HKD 935,219,000 a year ago. Profit after income tax attributable to equity holders of the company was HKD 797,150,000 or HKD 74.8 per diluted share compared to HKD 935,379,000 or HKD 89.1 per diluted share a year ago. Net cash generated from operating activities was HKD 1,512,931,000 compared to HKD 2,947,376,000 a year ago. Payment for purchase of fixed assets was HKD 606,014,000 compared to HKD 757,103,000 a year ago. Payment of mobile licence fees was HKD 203,470,000 compared to HKD 193,344,000 a year ago. The Group's revenue decreased by 2% to HKD 18,356 million, comprising a 2% decrease in handset and accessory sales and a 2% decrease in service revenue.

Smartone Telecommunications Holdings Limited Proposes Final Dividend for the Year Ended 30 June 2016

Smartone Telecommunications Holdings Limited announced that at the Annual General Meeting to be held on November 01, 2016, the shareholders will propose the payment of final dividend of HKD 0.33 per share, with a scrip dividend alternative, in respect of the year ended 30 June 2016.


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