Hongkong Post revenue declined sharply between FY2023 and FY2025. Cost rigidity—particularly staff costs—continued to weigh on margins.

EBITDA remained negative throughout the period. EBIT losses widened further in FY2025. Capital expenditure remained conservative, signalling a defensive posture focused on liquidity preservation rather than aggressive network expansion. For more details download the latest IPC Carrier Intelligence Report for Hongkong Post.

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