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

Deep News
10/30

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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