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PCCW's Figures for 2001 May Be Just a Good Paint Job

机译:电讯盈科2001年的数据可能只是一份好工作

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Hong Kong―Buoyed by efforts to make its telephone business more efficient, Pacific Century CyberWorks Ltd. delivered stronger-than-expected results for 2001. The Hong Kong company, which in the past year has refocused its business away from unprofitable Internet ventures and toward the phone operations that provide 91% of its revenue, said it made a US$243 million net profit in 2001. That was a turnaround from the previous year, when the company reported a net loss of HK$129.3 billion (US$16.58 billion) because of its flagging Internet investments and costs related to its $28.5 billion takeover of Cable & Wireless PLC's Hong Kong phone utility in 2000. PCCW management attributed the performance to the company's back-to-basics approach, which has included a major debt-refinancing initiative, a 9% reduction in operating costs, and aggressive sales of its residential broadband Internet service, which executives said grew 43% to 400,000 subscribers last year and is now profitable. Overall revenue was up 6% last year, at $2.82 billion.
机译:香港-在致力于提高电话业务效率的努力下,Pacific Century Cyber​​Works Ltd.在2001年取得了超出预期的业绩。这家香港公司在过去一年中将业务重心从无利可图的互联网企业转向营业收入占其总收入91%的电话业务部门表示,其2001年的净利润为2.43亿美元。与上一年相比,该公司扭亏为盈,该公司报告净亏损1293亿港元(165.8亿美元),原因是与2000年以285亿美元收购Cable&Wireless PLC的香港电话公用事业有关的互联网投资和成本低迷。电讯盈科管理层将其业绩归功于该公司的“回归传统”方法,其中包括一项重大的债务再融资计划,一项运营成本降低了9%,住宅宽带互联网服务的销售激增,高管们表示,去年用户增长了43%,达到40万用户,现在已经实现盈利。去年总收入增长了6%,达到28.2亿美元。

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