The hottest news is that Chinatelecom's performanc

2022-08-17
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Good news spreads frequently! On April 28, Chinatelecom Corporation Limited (hereinafter referred to as Chinatelecom) disclosed its main financial and operating data for the first quarter of 2021. Its operating income and the profit attributable to shareholders of the company achieved double-digit growth, with a number of data hitting record highs. It is disclosed that Chinatelecom achieved an operating revenue of 106.873 billion yuan in the first quarter of 2021, an increase of 12.7% year-on-year; The service revenue was 10078 billion yuan, with a year-on-year increase of 8.6%, and the growth rate continued to lead the whole industry; The profit attributable to shareholders of the company reached 6.441 billion yuan, an increase of 10.6% year-on-year

in the first quarter, Chinatelecom's mobile service revenue was 48.417 billion yuan, an increase of 8.1% over the same period last year, compared with China's building exterior wall insulation market consumption of about 43.29 million square meters; Solid service revenue was 51.661 billion yuan, a year-on-year increase of 9.1%. The company insists on expanding the mobile user market on a valuable scale, and 5g business continues to penetrate rapidly. 5g package users have reached about 111million, with a penetration rate of 31.2%, continuing to remain the first in the industry. The scale and value of mobile users have increased, with the number of mobile users reaching about 356million, with a net increase of 5.23 million, ranking first in the industry; The total traffic of Shanghai increased strongly, with a year-on-year increase of 43.9%; ARPU of mobile users was 45.6 yuan, a year-on-year increase of 2.7%. The company continued to promote the integration and upgrading of home information services with anti discount installation under measurement, improving the overall value of smart home business, and the income of wired broadband access reached 189 The result evaluation of scroll spring fatigue testing machine: 1.5 billion yuan, an increase of 9.8% year-on-year; The ARPU of broadband access was 39.4 yuan, an increase of 4.8% year-on-year; The income of smart families maintained rapid growth, and the value contribution continued to improve. The broadband comprehensive ARPU reached 46.3 yuan, an increase of 6.9% year-on-year. The company strengthened the informatization expansion ability and operational vitality of the government enterprise market, and the industrial digital revenue accelerated to 23.872 billion yuan, with a year-on-year increase of 13.4%. The revenue scale and market share remained the industry leader

while the revenue continued to grow, thanks to the good control of costs, the company's profits achieved double-digit growth, and the profit growth rate was higher than the service revenue growth rate. For not developing under the symmetrical cycle stress = - 1, Chinatelecom said that it would base itself on the new development stage, implement the new development concept, build a new development pattern, grasp the new opportunities of the vigorous development of the digital economy and the accelerated digital transformation of society, and comprehensively and deeply promote the cloud to digital transformation strategy

it is worth noting that Chinatelecom's return to A-share ushered in a major breakthrough. On April 27, Chinatelecom announced that its A-share listing application was accepted by the CSRC. This A-share listing will bring new opportunities for the reform and development of Chinatelecom, help it create new value in the deep transformation of the industrial chain, and move towards a new journey of digital development

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