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)

2022 2023 2024 Operating Revenue 481,448 513,551 529,417 Service Revenue 434,928 464,965 482,033 Operating Profit 33,427 37,128 39,803 EBITDA 130,359 136,830 140,847 EBITDA Margin 30.0% 29.4% 29.2% Net Profit 27,593 30,446 33,012 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

Half Year (IFRS)

For the half year from 1 January to 30 June (RMB Million)

2023/1H 2024/1H 2025/1H Operating Revenue 260,664 268,011 271,469 Service Revenue 235,977 246,235 249,112 Operating Profit 25,508 27,260 28,549 EBITDA 73,346 76,792 80,588 Net Profit 20,153 21,812 23,017 Service Revenue = Operating Revenue - Sales of Mobile Terminals - Sales of Wireline Equipment - Other Non-Service

Quarterly (IFRS)

Selected Quarterly Unaudited Key Performance Indicators

2023/Q4 2024/Q1 2024/Q2 2024/Q3 2024/Q4 2025/Q1 2025/Q2 2025/Q3 Operating Revenue (RMB Million) 129,297 135,493 132,518 126,707 134,699 135,498 135,971 125,529 Service Revenue (RMB Million) 115,222 124,347 121,888 116,651 119,147 124,687 124,425 117,139 EBITDA (RMB Million) 31,182 35,100 41,692 34,231 29,824 36,735 43,853 35,044 Profit attributable to Equity Holders of the Company (RMB Million) 3,345 8,597 13,215 7,487 3,713 8,864 14,153 7,756 Service Revenue = Operating Revenue - Sales of Mobile Terminals - Sales of Wireline Equipment - Other Non-Service Revenue

updated 23rd October, 2025

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