Loading...
Loading...
China Telecom
CHA reported a 15.9% rise in its first-half net profit.
China Telecom's net profit for the period surged to 10.21 billion yuan ($1.66 billion), from CNY8.81 billion, in the year-ago period. However, analysts were expecting a profit of CNY10.12 billion.
Its revenue climbed 14.1% to CNY157.52 billion from CNY138.02 billion, versus estimates of CNY157.29 billion.
China Telecom shares closed at $51.75 yesterday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in