0
General

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

Wednesday 28 March 2018 | 07:55 CET | News
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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: China Telecom
Countries: China
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

China Telecom grows H1 service revenue 7%, net profit up 8%

Published 20 Aug 2018 09:09 CET | China
China Telecom reported first-half revenues up 4.7 percent year-on-year to CNY 193 billion. Service revenue was up 7.0 percent to ...

China operators add more than 17 million 4G customers in January

Published 07 Mar 2018 14:48 CET | China
China Mobile added 3.84 million new mobile customers in January, ending the month with a total of 891 million customers. China ...

China Telecom to implement network speed upgrade, tariff reduction policy

Published 07 Mar 2018 09:12 CET | China
China Telecom has announced it will implement the government's policy requirements regarding network speed upgrade and tariff ...

China Mobile opens B2B subsidiary in France

Published 06 Mar 2018 10:45 CET | France
China Mobile has opened its first subsidiary in France to offer telecom services mainly targeting Chinese businesses operating in ...

China Telecom, Huawei create business joint innovation centre

Published 28 Feb 2018 20:59 CET | China
China Telecom and Huawei created a 'Business Joint Innovation Center (BJIC)' to jointly develop differential, innovative products ...