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CITIC Telecom International Holdings ( (HK:1883) ) has issued an announcement.
CITIC Telecom International Holdings reported a slight decline in total revenue for the first half of 2025, with a 1.7% decrease compared to the previous year. Despite this, the company saw a 1.3% increase in profit attributable to equity shareholders. The Group maintained its leadership in Macau’s mobile and broadband markets, with significant advancements in 5G and broadband technologies, including the launch of F5.5G fiber broadband service. The company continues to enhance its digital infrastructure and expand its services to government and corporate customers, reinforcing its position as a leading telecommunications enterprise in the region.
The most recent analyst rating on (HK:1883) stock is a Buy with a HK$2.90 price target. To see the full list of analyst forecasts on CITIC Telecom International Holdings stock, see the HK:1883 Stock Forecast page.
More about CITIC Telecom International Holdings
CITIC Telecom International Holdings Limited operates in the telecommunications industry, focusing on providing telecom services and digital solutions. The company is committed to internationalization and technology-driven growth, with a strong presence in Hong Kong, Macau, and the broader Asia Pacific region.
Average Trading Volume: 5,782,003
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.66B
For an in-depth examination of 1883 stock, go to TipRanks’ Overview page.