China Telecom Corporation (00728) set aside a total of 6.234 billion yuan for various impairment provisions in the fiscal year 2025.

date
19:29 24/03/2026
avatar
GMT Eight
China Telecom (00728) announced that, in order to fairly and objectively reflect the financial condition and operational results of the company as of December 31, 2025, the company conducted impairment tests on relevant assets within the scope of the consolidated financial statements in accordance with the relevant provisions of the Enterprise Accounting Standards. The company made provisions for various impairment losses totaling 6.234 billion yuan in the year 2025.
China Telecom Corporation (00728) has released an announcement, stating that to objectively and fairly reflect the company's financial position and operating results as of December 31, 2025, the company has conducted impairment tests on assets that may incur credit impairment losses and asset impairment losses within the scope of its consolidated financial statements in accordance with relevant regulations such as the "Enterprise Accounting Standards". The company has made provisions for impairment of various assets totaling 6.234 billion yuan in the fiscal year 2025.