China Telecom Corporation Limited (601728): Wins Nanjing University of Finance and Economics Procurement Project with Winning Bid of 1.797 Million Yuan

Deep News
Sep 28

According to enterprise data, based on the "Nanjing University of Finance and Economics Telecommunications Broadband and Data Line Procurement Award Announcement," China Telecom Corporation Limited announced on September 28, 2025, that it won the procurement project from Nanjing University of Finance and Economics with a winning bid amount of 1.797 million yuan.

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

Financial Highlights: China Telecom Corporation Limited (601728.SH) reported operating revenue of 523.569 billion yuan in 2024, with an operating revenue growth rate of 3.10%. Net profit attributable to shareholders reached 33.012 billion yuan, with a growth rate of 8.43%. The return on equity was 7.34%. For the first half of 2025, the company's operating revenue was 269.422 billion yuan, with an operating revenue growth rate of 1.30%. Net profit attributable to shareholders was 23.017 billion yuan, with a growth rate of 5.53%.

The company currently operates in the telecommunications services industry, with internet services as its main product category. The 2024 annual report shows the main business composition as follows: Mobile communication service revenue: 38.68%; Industrial digitalization: 28%; Fixed network and smart home services: 24%; Product sales revenue: 7.93%; Other service revenue: 1.38%.

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