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China Telecom's H1 profit jumps 7%, revenue up 4%

2017-08-23 12:27:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 184.1 billion in the first half of 2017, which represents an increase of 4.1 percent year-on-year. Service revenues amounted to CNY 165.8 billion, up 6.8 percent compared to the year-earlier period. EBITDA amounted to CNY 52.4 billion, up 3.7 percent year-on-year, while EBITDA margin stood at 31.6 percent at 30 June 2017. Net profit reached CNY 12.5 billion, representing an increase of 7.4 percent over the same period of 2016.

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