UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF INCOME
For the six months ended 30 June 2026
(All amounts in Renminbi (“RMB”) millions, except per share data)
(All amounts in Renminbi (“RMB”) millions, except per share data)
Six months ended 30 June
| Note | 2025 | 2026 | |
| Revenue | 5 | 200,202 | 201,364 |
| Interconnection charges | (5,467) | (5,317) | |
| Depreciation and amortisation | (40,320) | (40,013) | |
| Network, operation and support expenses | 6 | (31,366) | (32,903) |
| Employee benefit expenses | 7 | (28,609) | (34,140) |
| Costs of telecommunications products sold | 8 | (21,111) | (22,617) |
| Other operating expenses | 9 | (59,411) | (58,971) |
| Finance costs | 10 | (633) | (424) |
| Interest income | 868 | 769 | |
| Share of net profit of associates | 1,352 | 1,660 | |
| Share of net profit of joint ventures | 730 | 683 | |
| Other income — net | 11 | 1,552 | 1,216 |
| Profit before income tax | 17,787 | 11,307 | |
| Income tax expenses | 12 | (3,277) | (1,810) |
| Profit for the period | 14,510 | 9,497 | |
| Profit attributable to: | |||
| Equity shareholders of the Company | 14,484 | 9,468 | |
| Non-controlling interests | 26 | 29 | |
| Profit for the period | 14,510 | 9,497 | |
| Earnings per share for profit attributable to equity shareholders of the Company during the period: | |||
| Basic earnings per share (RMB) | 13 | 0.47 | 0.31 |
| Diluted earnings per share (RMB) | 13 | 0.47 | 0.31 |
The notes on pages 16 to 40 are an integral part of these unaudited condensed consolidated interim financial statements.
