Amalgamated Telecom Holdings (ATH) has reported a landmark achievement in its financial results for the year ending June 30, 2025, surpassing $1 billion in revenue for the first time. This represents a significant 10.30% increase compared to the previous year. Additionally, the group’s operating profit reached an unprecedented $112 million, doubling from last year’s $58 million.
This exceptional performance was announced at the South Pacific Stock Exchange (SPX), largely due to ATH’s focus on operational efficiency and strategic market expansion. Significant contributions came from its operations in Papua New Guinea, Fiji, and Vanuatu. Despite facing challenges such as earthquakes in Vanuatu, the group successfully maintained strong performance across various product segments.
ATH’s chairman, Attar Singh, highlighted the telecommunications sector’s high capital demands alongside the rising need for data services in Pacific markets. To address these demands, ATH has undertaken comprehensive planning and resource allocation. Moving forward, ATH is committed to innovation and adaptation in the evolving market, ensuring continued value for shareholders and stakeholders.
The company’s revenue growth was primarily driven by its call and data network, as well as Internet revenue streams, which together generated around $740 million. ATH maintains a robust market presence through wholly owned and joint ventures in regions including Fiji, Papua New Guinea, Vanuatu, Kiribati, Samoa, American Samoa, Cook Islands, Australia, New Zealand, and Singapore.
As of the most recent trading session, ATH shares are listed on SPX, trading at $1.99 each. The company’s preceding financial year ending in 2024 recorded $935 million in revenues, demonstrating consistent financial growth. Strategic achievements like the successful rollout of 5G technology further emphasize ATH’s resilience and innovation potential, despite global disruptions. With a market capitalization of $1.024 billion and a leading market share of 27.86%, ATH remains a dominant force.
These annual results not only highlight ATH’s solid financial standing but also reinforce the company’s commitment to pioneering the telecommunications sector in the Pacific through strategic growth and innovative technology adoption. Looking ahead, there is a strong sense of optimism about exploring new opportunities within the dynamic telecommunications landscape.