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China Telecom Corporation Limited
(A joint stock limited company incorporated in the People's Republic of China with limited liability)

Financial Highlights       

Full Year


Year ended 31 December (RMB million)
2015 2016 2017
Operating Revenue 331,517 352,534 366,229
Service Revenue * 293,499 309,812 331,044
Operating Profit 26,447 27,220 27,220
EBITDA 94,113 95,162 102,171
EBITDA Margin # 32.1% 30.7% 30.9%
Net Profit 20,058 18,018 18,617

Please refer to the notes of the audited financial statements included in the Company's annual report for the related accounting policy.

* Service Revenue = Operating Revenue - Sales of Mobile Terminals - Sales of Wireline Equipment - Other Non-Service Revenue

# EBITDA Margin = EBITDA / Service Revenue

The financial data in the above table included the financial impact of the acquisition of satellite communications business and Shaanxi Zhonghe Hengtai Insurance Agent Limited occurred at end-2017



Half Year


For the half year from 1 January to 30 June (RMB Million)
2016/1H 2017/1H 2018/1H
Operating Revenue 176,933 184,315 193,029
Service Revenue * 155,293 165,996 177,588
Operating Profit 17,109 18,007 19,157
EBITDA 50,555 52,444 55,858
EBITDA Margin # 32.6% 31.6% 31.5%
Net Profit 11,672 12,555 13,570

* Service Revenue = Operating Revenue - Sales of Mobile Terminals - Sales of Wireline Equipment - Other Non-Service Revenue

# EBITDA Margin = EBITDA / Service Revenue

updated 28th November, 2018


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