I am quite pleased with that. The core business continues to grow well and the Exetel acquisition integration is going very well so far.
I will be interested to see what they do with Hong Kong as that could be a way to release some value in the short term. It is encouraging to hear that Singapore is still growing nicely.
The guest Wi-Fi segment is highly profitable and that's missing from the results but obviously, the company has no control over our Country's borders. Knowing the cost base is largely fixed means at least we will see another boost in profitability when the day comes that we re-welcome our international students/guests again.
Ann: FY21 Results Presentation, page-2
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