For the year ended 31 December 2024
(All amounts in Renminbi (“RMB”) millions, except per share data)
|
Year ended 31 December |
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Note |
2024 |
2023 |
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|
|
|
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Revenue |
389,589 |
372,597 |
|
|
|
|
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|
Interconnection charges |
(11,224) |
(11,294) |
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Depreciation and amortisation |
(83,392) |
(84,847) |
|
|
Network, operation and support expenses |
(64,320) |
(60,026) |
|
|
Employee benefit expenses |
(64,931) |
(62,939) |
|
|
Costs of telecommunications products sold |
(42,466) |
(36,403) |
|
|
Other operating expenses |
(107,223) |
(102,123) |
|
|
Finance costs |
(1,784) |
(1,981) |
|
|
Interest income |
1,981 |
2,105 |
|
|
Share of net profit of associates |
2,592 |
2,519 |
|
|
Share of net profit of joint ventures |
1,481 |
1,803 |
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|
Other income — net |
4,951 |
3,534 |
|
|
|
|
|
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|
Profit before income tax |
25,254 |
22,945 |
|
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Income tax expenses |
(4,521) |
(4,023) |
|
|
|
|
|
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|
Profit for the year |
20,733 |
18,922 |
|
|
|
|
|
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Profit attributable to: |
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Equity shareholders of the Company |
20,613 |
18,726 |
|
|
Non-controlling interests |
120 |
196 |
|
|
|
|
|
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|
Profit for the year |
20,733 |
18,922 |
|
|
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Earnings per share for profit attributable to equity shareholders of the Company during the year: |
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Basic earnings per share (RMB) |
0.67 |
0.61 |
|
|
|
|
|
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Diluted earnings per share (RMB) |
0.67 |
0.61 |
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The notes on pages 102 to 209 are an integral part of these consolidated financial statements.