CHINACOMSERVICE (00552) declined nearly 4% following its earnings release. As of press time, the stock was down 3.7% to HK$4.68, with a turnover of HK$21.5777 million.
On August 21, CHINACOMSERVICE released its interim results for the six months ended June 30, 2025. The group achieved operating revenue of RMB 76.939 billion during the period, representing a 3.4% year-on-year increase. Profit attributable to shareholders reached RMB 2.129 billion, up 0.18% year-on-year, with basic earnings per share of RMB 0.307.
According to the announcement, the group's operating performance maintained steady growth, with operating revenue increasing 3.4% compared to the first half of 2024. Service revenue totaled RMB 74.981 billion, growing 2.9% from RMB 72.855 billion in the first half of 2024.
The group's three major customer markets demonstrated steady development. Notably, the group capitalized on market opportunities driven by artificial intelligence technological transformation in the computing power sector, undertaking multiple intelligent computing center construction and data center renovation projects, resulting in significant growth in revenue from the domestic non-telecom operator enterprise market.
For the first time, combined revenue from the domestic non-telecom operator enterprise market and overseas markets exceeded half of the total operating revenue.
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