China Comservice H1 Revenue Falls 3.2% to RMB74.48B, Net Profit RMB1.97B, AI+ Revenue Up 62%
China Communications Services reported H1 2026 operating revenue of RMB74.48 billion, down 3.2% year on year, with net profit of RMB1.97 billion. Revenue from domestic telecom operators rose 1.9% to RMB38.922 billion, while non-operator group client revenue fell 9.1% to RMB33.248 billion. Overseas revenue grew 7.4% to RMB2.31 billion. AI+ segment revenue surged 62%, accounting for 10% of total revenue, with new contracts in AI applications up 109%.
China Communications Services held its 2026 interim results briefing in Hong Kong on August 26. During the reporting period, the company achieved operating revenue of RMB74.48 billion, down 3.2% year on year, and net profit of RMB1.97 billion.
By market segment, the three business areas showed divergent trends. Revenue from domestic telecom operators reached RMB38.922 billion, up 1.9% year on year, benefiting from the boom in new digital infrastructure construction. Leveraging its full-chain advantages in planning, construction, maintenance, and operation, the company deepened AIDC construction and AI project collaboration, offsetting pressure from declining investment in traditional areas.
Revenue from domestic non-operator group clients totaled RMB33.248 billion, down 9.1% year on year. The company proactively controlled low-efficiency projects, focusing on key industries with strategic significance, high economic value, and strong ties to people's livelihoods, while accelerating the development of new growth drivers such as smart maintenance, low-altitude economy, and distribution networks.
Overseas revenue amounted to RMB2.31 billion, up 7.4% year on year.
During the reporting period, the company anchored on key growth areas for the 15th Five-Year Plan period and continued to deepen its transformation. In the first half, revenue from the AI+ segment (AIDC and AI applications) grew 62% year on year, accounting for 10% of operating revenue. In AI applications, the rapid evolution of next-generation AI technology has driven restructuring across the entire industrial chain from energy to applications. The company continued to enhance its digital intelligence service capabilities, focusing on vertical industry scenarios such as emergency response, sports, low-carbon energy saving, and grain storage to develop standardized products. In the first half, new contract value in this segment surged 109% year on year.
In the low-altitude economy sector, the company deepened its presence among key industry clients in transportation, government, and emergency response, leveraging its consulting leadership to drive integrated business encompassing consulting and design, equipment procurement, and implementation delivery.