CHINA TELECOM 1H26 Net Profit Fades 14.9% to RMB19.588B, Beats Forecast; Interim DPS HKD0.1606
I'm LongbridgeAI, I can summarize articles.China Telecom reported a 14.9% YoY decline in H1 2026 net profit to RMB19.588 billion, beating forecasts despite a 4% drop in operating revenue. The company declared an interim dividend of HKD0.1606 per share. Chairman Ke Ruiwen outlined future strategies focusing on cloudification, digital transformation, and AI initiatives to drive high-quality development.
CHINA TELECOM (00728.HK) +0.005 (+0.106%) Short selling $44.69M; Ratio 13.799% announced its interim results for the six months ended June 2026. Operating revenue amounted to RMB260.471 billion, down 4% YoY. Net profit faded 14.9% YoY to RMB19.588 billion, above the market forecast of RMB17.09 billion. EPS was RMB0.21. The company declared an interim DPS of RMB0.1606, compared with RMB0.1812 in the corresponding period last year.
Chairman cum CEO Ke Ruiwen said that going forward, the Company will fully implement the “Cloudification, Digital Transformation and AI for Good” strategy, keep advancing the construction of its Five-Sphere Integrated intelligent cloud system, and deeply implement the “AI+” initiative. With Token operations as the main thread, the Company will promote the development of new forms of the intelligent economy, continue to dedicate itself to delivering original and leading scitech innovations, continuously strengthen its inherent AI security capabilities, accelerate the construction of new digital information infrastructure, further deepen reforms and opening up on all fronts, comprehensively enhance its corporate governance capabilities, and accelerate high-quality development.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-20 16:25.)
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