China Telecom Corp. Ltd. (00728.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	506.1B	509.6B	529.4B	507.8B	481.4B
Cost of Revenue	365.1B	366.8B	373.5B	361.4B	232.4B
Gross Profit	141.0B	142.8B	150.1B	146.4B	249.1B
Operating Expenses
R&D Expense	14.8B	15.0B	14.5B	16.5B	10.4B
SG&A Expense	92.1B	61.3B	66.7B	62.6B	64.3B
General & Admin Expense	—	59.0B	64.3B	59.7B	61.5B
Selling & Marketing Expense	—	2.3B	2.4B	2.9B	2.8B
Other Expenses	3.5B	29.4B	26.3B	30.3B	140.9B
Total Operating Expenses	110.4B	105.6B	107.5B	109.4B	215.7B
Cost and Expenses	475.4B	472.5B	489.6B	470.8B	448.0B
Operating Income (EBIT)	30.7B	37.1B	39.8B	37.1B	33.4B
Non-Operating
Interest Income	2.1B	2.1B	2.2B	2.4B	1.8B
Interest Expense	1.7B	2.1B	2.4B	2.5B	1.9B
Net Interest Income	375.0M	(50.2M)	(149.0M)	(177.0M)	(73.0M)
Other Non-Op Income/Expense	6.7B	4.4B	2.4B	2.1B	2.3B
Non-Operating Income (excl Interest)	—	—	(4.8B)	(4.6B)	(4.2B)
EBT (Pre-Tax Income)	37.4B	41.6B	42.2B	39.2B	35.7B
Income Tax Expense	8.9B	9.2B	9.2B	8.8B	8.0B
Bottom Line
Net Income	28.5B	32.3B	33.0B	30.4B	27.6B
Earnings from Cont. Ops	28.5B	32.4B	33.0B	30.4B	27.7B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	28.5B	32.3B	33.0B	30.4B	27.6B
Per Share
Basic EPS	HK$0.31	HK$0.35	HK$0.36	HK$0.33	HK$0.30
Diluted EPS	HK$0.31	HK$0.35	HK$0.36	HK$0.33	HK$0.30
Revenue Per Share	HK$5.53	HK$5.57	HK$5.77	HK$5.55	HK$5.26
Shares
Basic Shares Outstanding	91.5B	91.5B	91.7B	91.5B	91.5B
Diluted Shares Outstanding	91.5B	91.5B	91.7B	91.5B	91.5B
Profitability Metrics
EBITDA	83.3B	140.4B	144.0B	141.5B	130.4B
D&A	52.7B	103.3B	101.0B	99.7B	96.9B
EBIT	30.7B	37.1B	42.9B	41.7B	33.4B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026