Hong Kong · Delayed Price · Currency is HKD China Communications Services Corporation Earnings Call Transcripts
Fiscal Year 2026
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Revenue reached CNY 74.5 billion and net profit CNY 1.97 billion in H1 2026, driven by robust AI and AIDC growth. New contracts in Six Major Growth Areas rose 11% year-on-year, with a strong outlook for continued expansion and higher dividend payouts.
Fiscal Year 2025
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Revenue reached CNY 150.1 billion and net profit CNY 3.61 billion in 2025, with strategic emerging businesses and AI-driven contracts fueling growth. Dividend per share rose 2.5%, and financial position remained solid amid market diversification and innovation.
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Revenue grew 3.4% year-on-year to RMB 76.9 billion, with net profit up 0.2% amid external challenges. Strategic emerging businesses and AI applications drove contract growth, while non-operator and overseas markets now contribute over half of total revenue.
Fiscal Year 2024
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FY24 revenue reached CNY 150bn and net profit CNY 3.61bn; gross margin and free cash flow improved. Strategic emerging contracts grew over 30%, while overseas revenue rose 22.3%.
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Revenue and net profit grew steadily in H1 2024, driven by Strategic Emerging Businesses and technological innovation. Gross profit margin improved, overseas revenue surged, and new contracts in digital and green sectors saw strong double-digit growth.