2018 | 2019 | Change | ||
---|---|---|---|---|
Operating revenue (RMB million) | 736,819 | 745,917 | 1.2% | |
Of which: Revenue from telecommunications services |
670,907 | 674,392 | 0.5% | |
EBITDA1 (RMB million) | 275,541 | 295,967 | 7.4% | |
EBITDA margin | 37.4% | 39.7% | 2.3pp | |
41.1% | 43.9% | 2.8pp | ||
Profit attributable to equity shareholders (RMB million) | 117,781 | 106,641 | -9.5% | |
Margin of profit attributable to equity shareholders | 16.0% | 14.3% | -1.7pp | |
Basic EPS (RMB) | 5.75 | 5.21 | -9.5% | |
Dividend per share | -- Interim (HK$) | 1.826 | 1.527 | |
-- Final (HK$) | 1.391 | 1.723 | ||
-- Full year (HK$) | 3.217 | 3.250 |
Notes:
1 EBITDA = profit from operation + depreciation and amortization.
2 The Company has adpoted the new accounting standard on leases (IFRS/HKFRS 16) with effect from 1 January 2019. Should the former corresponding accounting standard (IAS/HKAS 17) were applied to the results of the current year (meaning “excluding the impact of the new accounting standard on leases”), EBITDA in 2019 would have decreased by 1.6% year-on-year.
3 Excluding the impact of the new accounting standard on leases and the one-off gain resulting from the public listing of China Tower Corporation Limited in 2018 were excluded, net profit in 2019 would have decreased by 7.0% year-on-year.