China Telecom Corporation Earnings Call Transcripts
Fiscal Year 2026
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Service revenue and profitability grew steadily in 2025, driven by AI, cloud, and digital transformation. Dividend payout ratio is set to rise, with robust capital structure and strong growth in security, IoT, and overseas businesses.
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Service revenue and net profit grew steadily year-over-year, driven by rapid expansion in AI, cloud, and quantum businesses. Strategic emerging segments saw double-digit growth, and the interim dividend payout ratio increased to 72%.
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Service revenue grew 3.7% and net profit rose 8.4% year-over-year, driven by strong cloud, AI, and quantum business expansion. CapEx optimization and a higher dividend payout ratio reflect financial discipline, while rapid growth in intelligent and international segments highlights ongoing innovation.
Fiscal Year 2024
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Revenue and net profit grew 4.3% and 8.2% year-over-year, respectively, driven by cloud, AI, and digitalization. Interim dividend increased 16.7%, with a payout ratio over 70%. Strong R&D, green initiatives, and digital transformation underpin continued high-quality growth.