international turnover

Approximately 50 percent of the international turnover comes from research programmes in the EU.

International turnover was slightly down on budget, due to the suspension of the Hibernia project, but net profit was ahead of budget.

Despite an eight percent price reduction in international calls last August, Hongkong Telecom said total international turnover rose by 12 percent to 15.2 billion dollars, accounting for almost 63 percent of total turnover of 24.3 billion dollars, with China contributing almost half of Hong Kong's international traffic.