China Southern Communications (01617) announced interim results, net profit of 38.66 million yuan, an increase of 45.6% over the previous year

According to the Zhitong Finance App, Southern Communications (01617) announced 2026 interim results, with revenue of 226 million yuan, up 21.9% year on year; net profit of 38.66 million yuan, up 45.6% year on year; profit per share of 0.023 yuan.

During the reporting period, the Group's gross margin was approximately 24.0%, while the gross margin for the first half of 2025 was approximately 18.5%. In order to cope with the expansion of computing power infrastructure and the steady rise in the fiber-optic cable industry, the company's product structure was adjusted, which led to an increase in the Group's gross profit and gross margin during the reporting period.