SmarTone stock fell 0.51 percent on October 2

Published on 10/04/2026 at 21:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SmarTone stock's fiscal 2026 results showed HKD 6,604 million revenue and HKD 525 million profit. The October 2 quote was HKD 4.85 after a 0.51 percent daily decline.

SmarTone, BMG8219Z1059, Illustration mit AI erstellt.

SmarTone stock (ISIN BMG8219Z1059) was last at HKD 4.85 on the Hong Kong Stock Exchange on October 2, 2026, down 0.51 percent from the prior close. The key company event is fiscal 2026 earnings, which showed profit growth despite pressure in the core consumer business. According to etnet on September 3, 2026, SmarTone reported profit attributable to equity holders of HKD 525 million.

Profit growth meets tougher competition

For the year ended June 30, 2026, revenue reached HKD 6,604 million and underlying EBIT was HKD 749 million, increasing 6 percent and 7 percent respectively on an underlying basis, according to etnet. A separate earnings report from MarketScreener put net income at HKD 524.74 million, up from HKD 478.90 million in fiscal 2025, while diluted earnings per share rose to HKD 0.477 from HKD 0.435.

Growth shifts beyond mobile service

The revenue mix is doing more work for the investment case. 5G Home Broadband revenue increased 10 percent and Enterprise Solutions revenue grew 17 percent in fiscal 2026, while total service revenue declined 3 percent and postpaid mobile ARPU fell from HKD 222 to HKD 220, according to etnet. Operating costs decreased 6 percent to HKD 1,518 million, while capital expenditure declined 21 percent as earlier 5G network investment moved through the comparison base.

Dividend supports the valuation case

SmarTone recommended a final dividend of HKD 0.175 per share, taking the fiscal-year dividend to HKD 0.32 per share, equivalent to a 6.7 percent yield based on the company release carried by etnet. The final payment is scheduled for November 16, 2026, while competition and the decline in postpaid ARPU remain the principal operating counterweights.

SmarTone stock was last at HKD 4.85 on the Hong Kong Stock Exchange on October 2, 2026, with a 52-week range of HKD 4.59 to HKD 5.30. Market capitalization stood at HKD 5.3 billion and volume reached 596,500 shares on that date.