China Telecom Records 6.23 Billion Yuan in Impairment Provisions for 2025

Stock News
03/24

China Telecom (00728) announced that, in order to present a fair and accurate reflection of its financial position and operating results as of December 31, 2025, the company conducted impairment tests on assets within the scope of its consolidated financial statements that were at risk of credit impairment or asset impairment, in accordance with relevant regulations including the Accounting Standards for Business Enterprises. For the 2025 fiscal year, the company recorded total impairment provisions amounting to 6.23 billion yuan.

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