China Telecom Corporation Limited (601728) Wins CCTV Procurement Project with Bid Amount of 3.84 Million Yuan

Deep News
Oct 30

According to data from Qichacha, China Telecom Corporation Limited announced on October 30, 2025, that it has won a procurement project from China Central Television (CCTV) for overseas data file and video transmission (Africa Station) with a bid amount of 3.84 million yuan.

Relevant listed company: China Telecom Corporation Limited (601728.SH).

Key financial highlights of China Telecom Corporation Limited (601728.SH): - In 2024, the company reported operating revenue of 523.569 billion yuan, with a revenue growth rate of 3.10%. - Net profit attributable to the parent company was 33.012 billion yuan, up 8.43% year-on-year. - Return on equity (ROE) stood at 7.34%. - For the first half of 2025, operating revenue reached 269.422 billion yuan, growing 1.30% year-on-year. - Net profit attributable to the parent company was 23.017 billion yuan, increasing by 5.53% year-on-year.

The company operates in the telecommunications services industry, with its main business segments including: - Mobile communication services (38.68% of revenue) - Industrial digitalization (28%) - Fixed network and smart home services (24%) - Sales of goods (7.93%) - Other service income (1.38%).

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