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<Results>CHINA TELECOM 1Q24 NP RMB8.597B, Up 7.7%
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CHINA TELECOM (00728.HK) released its 1Q results ended March 2024. Operating revenue amounted to RMB135.493 billion, up 3.8% YoY. Of which, service revenues amounted to RMB124.347 billion, up 5% YoY. Net profit was RMB8.597 billion, up 7.7% YoY.

EPS was RMB0.09. No dividend was declared. During the period, EBITDA was RMB35.1 billion, representing an increase of 3.6% YoY. EBITDA margin was 28.2%.
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