China Telecom Corporation Ltd (601728.SS) reported a profit for first quarter that Dropped, from the same period last year
The company's bottom line came in at RMB7.350 billion, or RMB0.08 per share. This compares with RMB8.864 billion, or RMB0.10 per share, last year.
The company's revenue for the period fell 2.6% to RMB131.967 billion from RMB135.498 billion last year.
China Telecom Corporation Ltd earnings at a glance (GAAP) :
-Earnings: RMB7.350 Bln. vs. RMB8.864 Bln. last year.-EPS: RMB0.08 vs. RMB0.10 last year.-Revenue: RMB131.967 Bln vs. RMB135.498 Bln last year.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.