China Telecom Warns of Drop in Financial Results
China Telecom Press Release, 3/10/09
China Telecom (NYSE: CHA; 0728.HK) has issued an announcement stating that its financial results for 2008 will see a significant decline from the 2007 figure, due to a provision for impairment loss on its PHS network. The company plans to announce its results on March 24.
Keywords: guidance 0728.HK CHA China Telecom PHS telecom profit