China Mobile (600941.SH) released semi-annual results. Net profit to mother was 78.934 billion yuan, down 6.3% year on year

According to Zhitong Finance App, China Mobile (600941.SH) released its 2026 semi-annual report. In the first half of 2026, the company's revenue was 538.035 billion yuan, down 1.1% year on year; net profit attributable to shareholders of the parent company was 78.934 billion yuan, down 6.3% year on year; net profit attributable to shareholders of the parent company after deducting non-recurring profit and loss was 69.733 billion yuan, down 11.0% year on year; basic earnings per share were 3.64 yuan. The company decided to pay an interim dividend of 2.51 yuan per share (tax included) in 2026.

The company's communications service revenue in the first half of the year was 35.4 billion yuan, a year-on-year decrease of 5.7%. Mobile customers reached 1,011 million, a net increase of 5.88 million; 5G network customers reached 687 million, a net increase of 44.74 million. Mobile internet traffic increased 16.0% year over year, and the growth rate increased significantly. The number of broadband Internet customers reached 337 million, a net increase of 7.7 million. The number of IoT card connections reached 1,511 million, a net increase of 29.58 million. Revenue from computing power services reached 52.9 billion yuan in the first half of the year, an increase of 14% over the previous year. The influence of mobile cloud has further increased, and the revenue scale of public cloud has entered the top three in the domestic industry for the first time. Data center revenue was 19 billion yuan, up 13.2% year on year. Among them, AIDC revenue increased 486.1% year on year, and core service capabilities such as agile delivery, computing collaboration, and advanced operation and maintenance were significantly enhanced. Revenue from intelligent computing services was 5.3 billion yuan, and the growth rate reached 130.1%, contributing 46.1% of the increase in revenue from computing power services. Revenue from cloud computing applications increased 5.9% year over year, with mobile cloud disk revenue up 14.1% year over year.

In the first half of the year, revenue from intelligent services was 49.3 billion yuan, an increase of 0.9% over the previous year. Revenue from data algorithms increased 6.9%; revenue from digital intelligence culture increased 12.5% year on year. During the World Cup, 360 million people watched the game using Migu Video AI; the mobile iBuy Mall had nearly 83 million monthly active customers; and the “Mobile Tiangong” industrial Internet platform served 327,000 physical enterprises. International market revenue reached 18.2 billion yuan in the first half of the year, an increase of 30.1% over the previous year. The global resource capacity layout has been continuously improved, with 463 POP points and 437 Tbps of international transmission capacity. Cross-border and global operations continued to deepen, and the volume of inbound roaming business increased by 59.9%. The cumulative number of Chinese overseas companies served increased 19.6% over the end of the previous year.