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China Telecom revenues grow nearly 4%, profit up 3.3% in 2017

2018-03-28 07:55:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 366.2 billion for the twelve months of 2017, which represents an increase of 3.9 percent from 2016. Service revenues amounted to CNY 331 billion, up by 6.9 percent year-on-year. EBITDA reached CNY 102.1 billion, up by 7.4 percent year-on-year, and the EBITDA margin rose 0.2 points to 30.9 percent. Profit increased 3.3 percent to CNY 18.6 billion, while basic earnings per share were CNY 0.23 in 2017.

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