StocksMedium•22 October 2026•
1 min read
China Telecom Net Profit Drops 14.8% to 26.2 Billion Yuan in First Nine Months
Key Facts
1China Telecom's net profit fell 14.8% year-on-year to 26.2 billion yuan for the first three quarters.
2Operating revenues decreased 3.7% to 382.4 billion yuan during the same period.
China Telecom's net profit fell 14.8% year-on-year to 26.2 billion yuan for the first three quarters of 2026. The Standard reported that operating revenues decreased 3.7% to 382.4 billion yuan during the same period, indicating a contraction in both top-line and bottom-line performance for the telecom giant.
Shares of China Telecom (0728.HK) closed at 4.37 HKD on October 22, 2026, after trading between a day low of 4.34 HKD and a high of 4.44 HKD. This earnings report follows broader economic data from China, which showed Gross Domestic Product grew by 4.5% year-on-year on October 19, 2026.