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中国电信(00728) - 2022 Q3 - 季度财报
CHINA TELECOMCHINA TELECOM(HK:00728)2022-10-20 10:23

Financial Performance - Operating revenue for the third quarter of 2022 reached RMB 118,663 million, an increase of 7.9% year-on-year[2] - Profit attributable to shareholders was RMB 6,252 million, representing a 12.0% increase compared to the same period last year[2] - Basic earnings per share was RMB 0.07, a 16.7% increase year-on-year[2] - The company's operating revenue for the first three quarters of 2022 was RMB 360.98 billion, an increase of 9.6% year-on-year, with service revenue at RMB 328.60 billion, up 8.0%[8] - Net profit attributable to shareholders reached RMB 24.54 billion, a 5.2% increase year-on-year, and a 12.0% increase after excluding one-time gains from the sale of subsidiaries[8] - Operating profit for the same period was RMB 30,317 million, up 7.4% from RMB 28,254 million in 2021[16] - The company’s total comprehensive income for the nine months was RMB 25,008 million, an increase from RMB 23,284 million in 2021[17] User Growth - The number of mobile users reached 38,989 thousand, with a net increase of 1,746 thousand users[6] - The number of 5G package users increased to 25,104 thousand, with a net increase of 6,324 thousand users[6] - The total number of broadband users reached 17,868 thousand, with a net increase of 897 thousand users[6] - Mobile communication service revenue was RMB 148.37 billion, growing 5.6% year-on-year, with a net increase of 17.46 million mobile users, totaling approximately 390 million[8] - The number of 5G package users increased by 63.24 million, reaching approximately 251 million, with a penetration rate of 64.4%[8] Assets and Liabilities - Total assets as of September 30, 2022, amounted to RMB 784,593 million, a 2.9% increase from the end of the previous year[2] - Total liabilities as of September 30, 2022, amounted to RMB 354,996 million, an increase from RMB 331,066 million in 2021[15] - The company’s total equity as of September 30, 2022, was RMB 429,597 million, slightly down from RMB 431,168 million in 2021[15] Cash Flow and Expenditures - The company reported a net cash inflow from operating activities of RMB 116,018 million for the nine months, compared to RMB 119,930 million in the previous year[19] - Capital expenditures for the nine months were RMB 60,251 million, an increase from RMB 57,105 million in 2021[19] - Cash and cash equivalents as of September 30, 2022, were RMB 79,412 million, down from RMB 85,644 million at the end of 2021[19] Operating Expenses and Financial Costs - Operating expenses for the first three quarters were RMB 330.67 billion, a 9.9% increase year-on-year, primarily due to network operation and support costs[9] - Financial costs decreased significantly by 97.9% to RMB 0.27 million, attributed to improved operating conditions and reduced debt scale[9] - Depreciation and amortization expenses increased to RMB 70,141 million for the nine months ended September 30, 2022, up from RMB 68,094 million in the previous year, reflecting a rise of 3.0%[20] Strategic Initiatives - The company implemented a "cloud transformation and digital upgrade" strategy to enhance its service-oriented and technology-driven capabilities[7] - The company plans to implement a "Cloud Transformation" strategy, focusing on cloud integration and the development of strategic emerging businesses such as cloud, security, big data, and AI[10] Dividend and Shareholder Value - The company declared its first interim dividend, creating new value for shareholders[7]