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China Telecom: Net profit in the third quarter was 6.948 billion yuan, a year-on-year increase of 11.1%
China Telecom: Net profit in the third quarter was 6.948 billion yuan, a year-on-year increase of 11.1%
News from this site on October 20, China Telecom announced its third quarter report for 2023. The third quarter revenue was 122.424 billion yuan, an increase of 4.1% over the same period last year; the net profit attributable to the parent company was 6.948 billion yuan, an increase of 11.1% over the same period last year. %; excluding non-net profit was 6.765 billion yuan, an increase of 8.9% over the same period last year.
There was a net increase in 5G package users 39.65 million households, reaching approximately 308 million households, with a penetration rate of 75.8%. Mobile user ARPU (average monthly revenue of mobile services/average number of mobile users) was 45.6 yuan, a year-on-year increase of 0.2%.
China Telecom’s operating costs in the first three quarters were 266.329 billion yuan, an increase of 6.1% over the same period last year; sales expenses were 40.752 billion yuan, an increase of 0.1% over the same period last year; administrative expenses were 27.035 billion yuan, an increase over the same period last year 6.4%; R&D expenses were 7.335 billion yuan, an increase of 24.0% over the same period last year. Advertising statement: The external jump links (including but not limited to hyperlinks, QR codes, passwords, etc.) contained in the article are used to convey more information and save selection time. The results are for reference only. All articles on the site contain this statement.The above is the detailed content of China Telecom: Net profit in the third quarter was 6.948 billion yuan, a year-on-year increase of 11.1%. For more information, please follow other related articles on the PHP Chinese website!
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