Express News | China Telecom: Net profit for the first quarter was 8.597 billion yuan, up 7.7% year on year

BreakingsApr 23 17:36

Damo: Target price of HK$5 for “increase in holdings” rating for China Telecom (00728)

China Telecom's year-on-year growth performance in EBITDA and net profit for the first quarter of this year was in line with expectations.

Zhitong Finance11:13

Tianfeng Securities released a research report on April 24 stating that it gave China Telecom (601728.SH) an increase in its holdings. The main reasons for the rating include: 1) Our reviews are as follows; 2) continuous efforts in basic production with d

Tianfeng Securities released a research report on April 24 stating that it gave China Telecom (601728.SH) an increase in its holdings. The main reasons for the rating include: 1) Our reviews are as follows; 2) continuous efforts in basic production with dual-wheel drive, and high-quality development continues to achieve new results; 3) mobile communication services; 4) fixed network and smart home services; 5) digitalization of the industry; 6) attaches great importance to shareholder returns and continues to increase dividends. (Mainichi Keizai Shimbun)

Zhitong Finance09:04

Selected announcements | China Telecom's Q1 net profit increased 7.7% year on year; Tianqi Lithium had an estimated loss of 3.6 billion yuan to 4.3 billion yuan in Q1

China's free Q1 revenue fell nearly 10% year on year; Ping An China's Q1 net profit to mother was 36.709 billion yuan, down 4.3% year on year.

cls.cn08:12

China Telecom (601728): Deeply implementing the cloud to digital transformation strategy, basic production and digital dual-wheel drive continue to gain strength

Incident: China Telecom released its 2024 quarterly report, achieving revenue of 134.495 billion yuan, up 3.7% year on year, of which main business was 124.347 billion yuan, up 5.0% year on year, and net profit of 85.9 billion yuan

天風證券07:56

China Telecom (601728): Good growth in service revenue in the first quarter, strict control of costs and expenses

Revenue and profit for the first quarter of 2024 are in line with our expectations. The company announced 1Q24 results: operating revenue +3.7% YoY to $134.495 billion; service revenue +5.0% YoY to $124.347 billion

中金公司07:16