Mei Ri Jing Ji Xin Wen·2025-08-14 09:51Core Viewpoint - China Telecom reported its financial results for the first half of 2025, showing modest growth in revenue and net profit, while emphasizing shareholder returns through increased dividends [3][5]. Financial Performance - The company achieved operating revenue of RMB 269.42 billion, a year-on-year increase of 1.3% [3][4]. - Net profit attributable to shareholders reached RMB 23.02 billion, reflecting a growth of 5.5% compared to the previous year [3][4]. - Total assets increased by 2.4% to RMB 887.22 billion, while net assets attributable to shareholders rose by 3.2% to RMB 466.87 billion [4]. Shareholder Returns - The board decided to distribute a mid-term dividend of RMB 0.1812 per share (including tax), which represents 72% of the profit attributable to shareholders for the first half of the year, marking an 8.4% increase from the previous year [5]. User Growth - As of Q2 2025, China Telecom had approximately 433 million mobile users, with 282 million being 5G users, reflecting a net increase of 15.81 million users in the quarter [6][7]. - The company also reported a total of 198.6 million broadband users, with a net increase of 490,000 users in the same period [7]. Industry Context - Competitors China Unicom and China Mobile also released their half-year results, with China Unicom reporting a revenue of RMB 200.20 billion and China Mobile reporting RMB 543.80 billion [8][9]. - China Unicom's net profit was RMB 63.49 billion, while China Mobile's net profit reached RMB 842 billion, both showing positive growth [8][9].