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China Telecom grows FY net profit 14% after mobile expansion

2019-03-19 09:45:00| Telecompaper Headlines

(Telecompaper) China Telecom reported net profit for 2018 up 13.9 percent to CNY 21.2 billion, supported by its strong growth in the mobile market. Revenues rose 3.0 percent to CNY 377.1 billion, and EBITDA increased 2.0 percent to CNY 104.2 billion, for a slight fall in the margin to 29.7 percent. 

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