China Telecom (HK:0728) has released an update.
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China Telecom reported a strong performance in the first three quarters of 2024, with operating revenues rising by 2.7% to RMB394,718 million and service revenues up by 3.8% over the previous year. The company’s EBITDA increased by 5.1%, reaching RMB111,023 million, while profits attributable to equity holders surged by 8.1% to RMB29,299 million, indicating solid growth and profitability.
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