5-year Financial Summary
5-year Financial Summary
  For the year ended 31 December

(Amounts in thousands, except per share data)
2025
RMB
2024
RMB
2023
RMB
2022
RMB
(Restated)
2021
RMB
(Restated)
Results
Revenue from telecommunications infrastructure services 74,391,260 75,172,237 76,136,756 72,906,517 71,889,248
Revenue from business process outsourcing services 44,061,421 43,459,018 43,550,614 43,073,150 40,623,948
Revenue from applications, content and other services 31,639,928 31,368,848 28,927,306 24,767,902 21,479,245
Total Revenues 150,092,609 150,000,103 148,614,676 140,747,569 133,992,441
Depreciation and amortisation (1,007,405) (1,025,761) (1,017,154) (961,218) (908,525)
Direct personnel costs (7,710,598) (8,208,384) (8,644,005) (8,558,400) (8,805,077)
Materials costs (26,415,523) (25,579,237) (24,670,341) (21,657,339) (19,166,225)
Direct costs of products distribution (2,748,968) (2,815,082) (3,517,360) (4,065,197) (4,614,143)
Subcontracting charges (81,316,294) (80,405,717) (80,233,245) (76,546,469) (71,239,853)
Lease charges and others (13,937,187) (14,369,701) (13,275,321) (12,977,295) (14,473,844)
Cost of revenues (133,135,975) (132,403,882) (131,357,426) (124,765,918) (119,207,667)
Gross profit 16,956,634 17,596,221 17,257,250 15,981,651 14,784,774