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CITIC Telecom announces 2021 results

Mar 19, 2022 | Articles

Our parent company, CITIC Telecom International Holdings Ltd (Stock Code:1883), has announced 2021 annual results. Profit attributable to equity shareholders reaches HK$1,076 million. Total dividends per share rises by 7.1% yoy to HK22.5 cents. The Group reports stability and progress in overall performance with record high business results amid challenging conditions posed by Covid. It also continues to maintain close liaison with investors and the media to enhance investors’ and public’s confidence in the Group.

SEA Highlights:

– Our parent company, CITIC Telecom International Holdings Ltd (Stock Code:1883), has announced 2021 annual results. Profit attributable to equity shareholders reaches HK$1,076 million. Total dividends per share rises by 7.1% yoy to HK22.5 cents. The Group reports stability and progress in overall performance with record high business results amid challenging conditions posed by Covid. It also continues to maintain close liaison with investors and the media to enhance investors’ and public’s confidence in the Group. SEA Highlights:

– The structure of the Southeast Asian subsidiaries were optimized during the year and Acclivis continues to make contributions to the development of intelligent transportation in Singapore and successfully renewed the contract for a large ICT project in the country. We also won the IT system service project of Singapore’s Ministry of Social and Family Development.

– The Group’s subsidiary in the Philippines has become operational and diversified into new business sectors.

– The Group’s subsidiary in Indonesia has commenced the process of applying for a local ISP license in a bid to explore new business frontiers.

Full press release: https://bit.ly/3u1gzj4

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