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China Telecom’s Q1 2026 Profit Falls Despite Stable Revenue and Strong Balance Sheet

Story Highlights
  • China Telecom’s Q1 2026 revenue stayed robust, while assets and shareholder equity inched higher.
  • Net profit and earnings per share dropped over 17 percent, reflecting margin pressure in a competitive telecom market.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Telecom’s Q1 2026 Profit Falls Despite Stable Revenue and Strong Balance Sheet

Meet Samuel – Your Personal Investing Prophet

An announcement from China Telecom ( (HK:0728) ) is now available.

China Telecom reported unaudited first-quarter 2026 operating revenue of RMB132.0 billion, including RMB122.7 billion in service revenue, underscoring the continued dominance of its core communications and digital services businesses. The company’s total assets rose 1.0% from year-end 2025 to RMB879.1 billion, with equity attributable to shareholders up 1.6% to RMB468.3 billion, indicating a modest strengthening of its balance sheet despite top-line pressures.

Profit attributable to equity holders fell 17.1% year on year to RMB7.35 billion, while EBITDA reached RMB33.9 billion as the group contended with softer revenue and margin pressure in a competitive telecoms market. Basic earnings per share declined by the same 17.1% to RMB0.08, signaling a weaker earnings performance that may concern investors even as the company maintains a solid asset base and scale in China’s telecommunications sector.

The most recent analyst rating on (HK:0728) stock is a Buy with a HK$6.21 price target. To see the full list of analyst forecasts on China Telecom stock, see the HK:0728 Stock Forecast page.

More about China Telecom

China Telecom Corporation Limited is a major integrated telecommunications operator in mainland China, providing fixed-line, mobile, broadband and related information and communications technology services. Listed in Hong Kong, the group focuses on large-scale network infrastructure and digital services for consumer and enterprise markets across the country.

Average Trading Volume: 62,431,401

Technical Sentiment Signal: Buy

Current Market Cap: HK$605.1B

For an in-depth examination of 0728 stock, go to TipRanks’ Overview page.

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