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China Telecom profit up 6%, adds 9 mln mobile subs in H1

2016-08-23 09:40:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 176.8 billion for the six months ended 30 June 2016, which represents an increase of 7.2 percent year-on-year. Service revenues amounted to CNY 155.2 billion, up by 5.6 percent from the first half of 2015. First-half EBITDA reached CNY 50.5 billion, down 0.4 percent year-on-year, while EBITDA margin stood at 32.6 percent at 30 June 2016. Profit reached CNY 11.6 billion, up by 6.3 percent year-on-year. Basic earnings per share were CNY 0.14.

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Category:Telecommunications

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