CHINA MOBILE 1H26 Net Profit Falls 6.3% YoY to Over RMB78.9B; Interim DPS Hikes to RMB2.51
I'm LongbridgeAI, I can summarize articles.China Mobile reported a 6.3% YoY drop in H1 2026 net profit to RMB78.934 billion, with operating revenue down 1.1% to RMB538.035 billion. Despite declines, the company raised its interim dividend by 5.5% to RMB2.51 per share. Revenue from computing power and intelligent services grew significantly, accounting for 22.6% of telecom service revenue. The mobile customer base reached 1.011 billion, while 5G users hit 687 million.
CHINA MOBILE (00941.HK) -0.500 (-0.612%) Short selling $52.48M; Ratio 5.835% announced its interim results for the six months ended 30 June 2026. Net profit amounted to RMB78.934 billion, down 6.3% YoY. EPS was RMB3.64. The group declared an interim dividend of RMB2.51 per share, equivalent to HKD2.9003 per share, representing a 5.5% increase from the interim dividend of HKD2.75 in the same period last year.
Operating revenue was RMB538.035 billion, down 1.1% YoY. The group said it still recorded positive growth on a comparable basis. Revenue from telecommunications services reached RMB452.7 billion, down 3.1% YoY. Revenue from computing power services and intelligent services accounted for 22.6% of telecommunications services revenue, up 2.2 ppts from the same period last year. Among them, revenue from computing power services was RMB52.9 billion, up 14%; data center revenue was RMB19 billion, up 13.2%; AIDC revenue surged 486.1%; intelligent computing service revenue was RMB5.3 billion, up 130.1% YoY; and intelligent service revenue was RMB49.3 billion, up 0.9%.
In 1H26, the group's mobile customer base reached 1.011 billion, with a net addition of 5.88 million users. 5G network customers reached 687 million, with a net addition of 44.74 million users. Broadband customers reached 337 million, with a net addition of 7.7 million users. IoT card connections reached 1.511 billion, with a net addition of 29.58 million connections. (gc/j)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-13 16:25.)
