China Telecom Corp Ltd (FRA:ZCH)
€ 0.53 0 (0%) Market Cap: 71.38 Bil Enterprise Value: 66.52 Bil PE Ratio: 11.76 PB Ratio: 0.83 GF Score: 56/100

Half Year 2021 China Telecom Corp Ltd Earnings Call Transcript

Aug 10, 2021 / NTS GMT
Release Date Price: €0.32 (+4.92%)
Ruiwen Ke
China Telecom Corporation Limited - Chairman & CEO

Good afternoon, ladies and gentlemen. Thank you for joining and for your care and support to the company.

This presentation has 2 sections. I will provide an overview first, then Mr. Li Zhengmao will go through the business review and financial performance.

We have 6 key development highlights: one; Cloudification & Digital Transformation strategy fully implemented with high-quality development results exhibited; two, double-digit revenue and profit growth with profitability continuously increased; three, Mobile Business, Smart Family enjoyed growth in both scale and value, Industrial Digitalization thrived; four, strengthened driving force of sci-tech innovation and fortify a secure and green cloud-network foundation; five, proactive dividend increase to enhance shareholder return; and six, capitalize A Share IPO opportunity to establish new development pattern.

In the first half, the company seized society's new informatization demand, fully implemented Cloudification & Digital Transformation strategy,

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