China Telecom Corporation (00728) reported a net profit attributable to shareholders of 30.8 billion yuan in the first three quarters, an increase of 5.0% year-on-year.

China Telecom Corporation (00728) announced that in the first three quarters of 2025, the company's operating revenue was 397 billion yuan, a year-on-year increase of 0.6%. Among them, service revenue was 366.3 billion yuan, a year-on-year increase of 0.9%. The company's profit attributable to shareholders was 30.8 billion yuan, a year-on-year increase of 5.0%. Basic earnings per share were 0.34 yuan, EBITDA was 115.6 billion yuan, a year-on-year increase of 4.2%, and the EBITDA margin was 31.6%. The company adheres to a customer-centric approach, actively capturing the new digital consumption needs of users, accelerating the integration and upgrading of connectivity, terminals, applications, and rights, and continuously improving the supply capacity of personal and household products and services. In the first three quarters of 2025, the company's core business maintained steady growth, with the number of 5G network users reaching 290 million, penetration reaching 66.9%, mobile internet total traffic increasing by 16.9% year-on-year, mobile internet DOU reaching 22.3GB, a year-on-year increase of 11.4%, and the penetration rate of gigabit broadband users reaching about 31.0%. The company's core strategy is to build an intelligent cloud system with "Xi Rang" as the core, and provide integrated intelligent cloud services based on cloud-network integration, including "computing power + platform + data + model + application", accelerating business intelligence upgrading, deepening external empowerment and internal application, fostering new growth drivers, effectively assisting in improving enterprise management efficiency, and actively shaping new advantages for high-quality development. In the first three quarters of 2025, the scale of new business continued to expand, with IDC revenue reaching 27.5 billion yuan, a year-on-year increase of 9.1%; security revenue reaching 12.6 billion yuan, a year-on-year increase of 12.4%; intelligent revenue increasing by 62.3% year-on-year, visual IoT revenue increasing by 34.2% year-on-year, satellite communication revenue increasing by 23.5% year-on-year, and quantum revenue increasing by 134.6%. In the first three quarters of 2025, the company's operating expenses were 359.3 billion yuan, a year-on-year increase of 0.3%, including depreciation and amortization of 77.9 billion yuan, a year-on-year increase of 4.4%, mainly due to the company accelerating the construction of new digital information infrastructure, leading to an increase in fixed assets compared to the same period last year; network operation and support costs were 114.9 billion yuan, a year-on-year decrease of 3.0%, mainly due to the company strengthening cost control through AI empowerment and combining with business development, continuously improving resource utilization efficiency. Labor costs were 75.2 billion yuan, a year-on-year decrease of 0.3%. In the future, the company will fully implement the "cloud reform, data transformation, intelligence and benefit" strategy, strengthen the integration and development of innovative-driven core business and core data business, deepen the "AI+" action, accelerate the intelligent evolution and upgrade of digital information infrastructure, allow the benefits of intelligence to better serve thousands of industries and households, continuously enhance core functions, improve core competitiveness, accelerate the construction of a world-class enterprise, and actively give back to shareholders.