China Telecom Net Profit Down 3.3% In 2019

China Telecom published its annual results for 2019, stating that the company's operating revenue was CNY375.734 billion, a year-on-year decrease of 0.4%; and its net profit was CNY20.52 billion, a year-on-year decrease of 3.3%. Meanwhile, the report showed that China Telecom's service revenue was CNY357.61 billion, a year-on-year increase of 2%. According to the financial […]

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