China Telcom says full year profit fell 10.2 pct due to one-off factors

Sijia Jiang

HONG KONG, March 21 (Reuters) - Chinese state-owned

telecommunications network operator China Telecom Corp Ltd

on Tuesday said net profit fell 10.2 percent last year

due to one-off factors.

Profit fell to 18 billion yuan ($2.61 billion) from 20.05

billion yuan in 2015, in line with the 18.1 billion yuan average

of 21 analyst estimates from Thomson Reuters SmartEstimate.

Operating revenue rose 6.4 percent to 352.3 billion yuan.

The telco, China's second-largest by market value, declared

a dividend of HK$0.105 per share, up from HK$0.095 a year


(Reporting by Sijia Jiang)