Summary by Futu AI
China Telecom announced its interim performance as of June 30, 2024, with operating revenue of 268 billion yuan, a year-on-year increase of 2.8%. Among them, service revenue was 246.2 billion yuan, a year-on-year increase of 4.3%. EBITDA was 76.8 billion yuan, a year-on-year increase of 4.7%. Net profit was 21.8 billion yuan, a year-on-year increase of 8.2%, and basic net profit per share was 0.24 yuan. The company announced the distribution of an interim dividend of RMB 0.1671 per share (including tax), an increase of 16.7% from the same period last year. The board of directors stated that the company will continue to deepen reform and opening up, accelerate the digitization, information infrastructure and intelligence, green upgrading, actively fulfill social responsibilities, and improve corporate governance.