Unknown Executive
Good afternoon, everyone. On behalf of HKBN Limited, thank you all for joining the group’s 2026 Second Interim Results Presentation. First of all, allow me to introduce the management team attending today. Board Chairman and Executive Director, Ms. Shi Xiaoping; executive Director and Group Chief Executive Officer, Mr. Li Xin; Executive Director and Chief Financial Officer, Mr. Shen Qingyi; President and Group Chief Operating Officer, Dr. Denis Yip.
Now may I invite Executive Director and Group CEO, Mr. Li Xin, to walk us through the group’s overall performance. Mr. Li, please.
Li Xin
CEO & Executive Director
Thank you. Investors friends, media friends, good afternoon. Welcome to HKBN’s FY ’26 Second Interim Results Announcement. As said just now, we have management in attendance. And because of all of your trust, HKBN employees’ hard effort, and support of all working partners, with all these, HKBN in FY 2026 second interim report period from September 2025 to August 2026, our revenue was up 6.8% (sic) [ 6.2% ] at HKD 1,182 billion (sic) [ HKD 11.82 billion ]. So excluding the discretionary bonus for employees, EBITDA was up 4.1%. Net profit was up 5.3% (sic) [ 53% ] at HKD 317 million.
So in order to enhance our continuous profitability and seize opportunities in AI, this year, our CapEx investment was up 35% — 35.6% at HKD 690 million. So all money invested is reflected by stable and continuous return. And our OpEx was down 1.5% at HKD 3,077 million and deleveraging was down from 4.66x to 4.41x (sic) [ 4.44x ]. In view of change