CHINA SATCOM (601698): Won the procurement project of the China Central Radio and Television Station, with a bid amount of 45.152 million yuan
I'm LongbridgeAI, I can summarize articles.CHINA SATCOM (601698) announced that it won the procurement project of the China Central Radio and Television Station, with a winning amount of 45.152 million yuan. The company belongs to the telecommunications service industry, with its main products being communication systems and platforms as well as professional consulting services. Financial data shows that the company's revenue in 2025 is expected to be 2.645 billion yuan, a year-on-year increase of 4.08%; in the first quarter of 2026, revenue is expected to be 542 million yuan, with a net profit of 27 million yuan, a significant year-on-year decrease of 61.90%
According to Tongbi Finance, data from Qichacha shows that based on the "Public Consultation on the Procurement of Satellite Broadcasting and Television Repeater Transmission Services (Live Satellite HD Broadcasting) by China Central Television," China Satcom Group Co., Ltd. announced on June 1, 2026, that it won the bid for the procurement project by China Central Television, with a winning amount of 45.152 million yuan.
Related listed company: China Satcom (601698.SH)
Tongbi Finance Tip:
China Satcom (601698.SH) had an operating revenue of 2.645 billion yuan in 2025, with a revenue growth rate of 4.08%. The net profit attributable to the parent company was 441 million yuan, with a net profit growth rate of -2.92%, and a return on equity of 2.79%.
In the first quarter of 2026, the company's operating revenue was 542 million yuan, with a revenue growth rate of 0.71%. The net profit attributable to the parent company was 27 million yuan, with a net profit growth rate of -61.90%.
Currently, the company belongs to the telecommunications service industry, with main product types including communication systems and platforms, and professional consulting services.