China Telecom Corporation Ltd Reveals Increase In Q1 Income

India, May 30 -- China Telecom Corporation Ltd (CHA) reported a profit for its first quarter that increased from the same period last year

The company's bottom line came in at RMB649.86 million, or RMB3.92 per share. This compares with RMB567.73 million, or RMB3.32 per share, last year.

The company's revenue for the period rose 35.4% to RMB3.392 billion from RMB2.506 billion last year.

China Telecom Corporation Ltd earnings at a glance (GAAP) :

-Earnings: RMB649.86 Mln. vs. RMB567.73 Mln. last year.-EPS: RMB3.92 vs. RMB3.32 last year.-Revenue: RMB3.392 Bln vs. RMB2.506 Bln last year.

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Published by HT Digital Content Services with permission from RTT News....