【Mainland Telecom Financial Results】China Telecom 728 reported net profit of 33.19 billion RMB last year, up 0.5% year-on-year. Final dividend of 0.0908 RMB per share, up 4.7% for the full year.

China Telecom (00728) Announces 2025 Performance, with operating revenue of 529.559 billion yuan (RMB, same below), stable year-on-year; net profit of 33.185 billion yuan, up 0.5% year-on-year; earnings per share of 0.36 yuan; final dividend of 0.0908 yuan, down 2% year-on-year; total annual dividend of 0.2720 yuan, up 4.7% year-on-year.

Last year, China Telecom’s service revenue was 485.424 billion yuan, a 0.7% increase year-on-year, with digital industry business revenue reaching 147.307 billion yuan, up 0.5% year-on-year.

In terms of strategic new businesses, China Telecom’s Tianyi Cloud revenue for 2025 is 120.7 billion yuan, with its public cloud IaaS market share rising to second place domestically, and IaaS+PaaS market share ranking in the top three nationally; AIDC revenue reached 34.5 billion yuan, security revenue 16.6 billion yuan, and intelligent revenue 12.3 billion yuan; Video Link Network revenue grew by 31.2%, quantum revenue increased by 65.4% year-on-year, and satellite revenue grew by 30.7% year-on-year.

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