China Comservice provides telecom infrastructure, business-process outsourcing, applications, content and other services to China's major telecom operators and China Tower.
China Communications Services reports **CNY 74.5 billion in H1 2026 revenue** and **CNY 1.97 billion in net profit**, fueled by AI and AIDC (Automatic Identification and Data Capture) growth. New contracts in its Six Major Growth Areas increased **11% year-over-year**, signaling sustained expansion. The company projects **higher dividend payouts** for shareholders amid strong financial performance.
China Communications Services reports a 3.2% decline in interim revenue. The company’s financial performance reflects challenges in its core operations during the reporting period.
China Communications Services reports a **3.2% year-over-year revenue decline** to **RMB74.48 billion**, with net profit down **7.5%**. AI+ revenue jumps **62%**, now accounting for **10% of total revenue**, while new contracts in high-growth areas increase **11%**. The company announces a **three-year dividend plan** aiming for a **minimum 46% payout ratio by 2028**.
China Communications Services secures overwhelming shareholder approval for its H-share buyback proposal. The mandate allows the company to repurchase up to a specified portion of its outstanding shares. Shareholders voted overwhelmingly in favor, demonstrating strong confidence in the company’s strategy.