CITIC Telecom Announces 2020 Annual Results
HONG KONG, Mar 4, 2021 - (ACN Newswire via SEAPRWire.com) - CITIC Telecom International Holdings Limited ("CITIC Telecom" or the "Group"; stock code: 1883), a leading international integrated telecommunications and information and communications technologies services provider in Asia, reported profit attributable to equity shareholders of HK$1,023 million for the year ended 31 December 2020, representing a year-on-year increase of 2.1%, or a 4.4% increase if the effect of investment property valuation is excluded.(from left to right): Mr. Esmond LI, Chief Financial Officer, Mr. XIN Yue Jiang, Chairman and Mr. CAI Dawei, Chief Executive Officer The Group generated revenue from telecommunications services of HK$7,978 million, representing an approximate 7.9% growth over the corresponding period in the previous year. The Group's total revenue amounted to HK$8,923 million. Basic earnings per share was up 1.5% year-on-year to HK27.9 cents.The Board has recommended a final dividend of HK16.0 cents per share for 2020. Together with the 2020 interim dividend of HK5.0 cents per share, total dividends per share for 2020 amounted to HK21.0 cents, representing 5.0% growth over the correspondin...
