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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
China Telecom Corporation
China Telecom Corporation (728) investor relations material
China Telecom Corporation Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary22 Oct, 2026
Executive summary
9M 2026 operating revenue was RMB382.4bn; EBITDA was RMB108.0bn and profit attributable to equity holders was RMB26.2bn. Comparable principal-business revenue remained stable; comparable profit maintained favourable growth.
Strategy focused on cloudification, digital transformation and AI, with Token operations positioned as a growth driver.
Financial highlights
Operating revenue was RMB382,402m, down 3.7% YoY; reported profit attributable to equity holders was RMB26,207m, down 14.8% YoY.
Operating profit was RMB30,876m versus RMB37,739m; profit before tax was RMB34,368m versus RMB39,450m.
Profit for the period was RMB26,187m versus RMB30,771m; total comprehensive income was RMB25,574m versus RMB30,842m.
Net cash from operating activities increased to RMB98,436m from RMB87,421m; net cash used in investing activities was RMB79,869m versus RMB84,958m.
Outlook and guidance
Plans include deepening the Five-Sphere Integrated intelligent cloud system, promoting Token operations and accelerating conversion of sci-tech achievements into productivity.
Forward-looking plans are subject to known and unknown risks and do not constitute a commitment; no intention to update these statements was indicated.
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Latest events from China Telecom Corporation
- H1 2026 revenue RMB260.5B, net profit RMB19.6B, free cash flow up 121.3%, dividend payout 75%.728
H1 2026 - Net profit rose 8.2% to RMB21.8 billion, driven by strong digitalisation and cloud growth.728H1 2024
- Stable revenue and profit growth, strong AI and cloud focus, and a 75% dividend payout.728H2 2025
- Net profit rose 5.5% to RMB23.0B, with rapid growth in cloud, AI, and quantum revenues.728H1 2025
- Net profit up 8.4% to RMB33.0B, with cloud revenue up 17.1% and dividend payout at 72%.728H2 2024
Next China Telecom Corporation earnings date
H2 202619 Mar, 2027
China Telecom Corporation
Next China Telecom Corporation earnings date
H2 202619 Mar, 2027
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