Jin Rong Shi Bao·2025-08-15 08:12Core Insights - The three major telecom operators in China reported positive growth in net profit for the first half of 2025, while revenue growth showed divergence among them [1][2]. Group 1: Financial Performance - China Telecom achieved operating revenue of 269.42 billion yuan, a year-on-year increase of 1.3%, and a net profit attributable to shareholders of 23.017 billion yuan, up 5.5% [2]. - China Mobile reported operating revenue of 543.769 billion yuan, a decline of 0.5%, but a net profit of 84.235 billion yuan, reflecting a growth of 5% [2]. - China Unicom's operating revenue reached 200.202 billion yuan, growing by 1.5%, with a net profit of 6.349 billion yuan, an increase of 5.1% [2]. Group 2: Dividend Distribution - The three telecom operators plan a total interim dividend exceeding 74 billion yuan [1][3]. - China Telecom's interim profit distribution plan includes a cash dividend of 0.1812 yuan per share, totaling approximately 16.581 billion yuan, which is 72% of its net profit for the period [3]. - China Mobile intends to distribute an interim dividend of 2.75 HKD per share, which translates to approximately 2.5025 yuan per share, totaling around 54 billion yuan [4]. - China Unicom proposed a cash dividend of 0.2841 yuan per share, with an expected total distribution of about 34.77 billion yuan [7].