China Mobile interim profit falls 6. 3%
China Mobile (00941) reported first-half profit attributable to shareholders of RMB78. 93 billion, down 6. 3 per cent, with EBITDA down 6. 6 per cent to RMB173. 6 billion. Basic earnings were RMB3. 64 a share.
13th August 2026 – (Hong Kong) China Mobile (00941) reported first-half profit attributable to shareholders of RMB78. 93 billion, down 6. 3 per cent, with EBITDA down 6. 6 per cent to RMB173. 6 billion. Basic earnings were RMB3. 64 a share. The interim dividend rose 0. 3 per cent to RMB2. 51, or about HK$2. 9003, up 5. 5 per cent in Hong Kong dollar terms. Operating revenue slipped 1. 1 per cent to RMB538. 04 billion. Main-business revenue fell 3. 1 per cent to RMB452. 7 billion, while other business revenue rose 11. 2 per cent to RMB85. 4 billion. Computing and intelligent services accounted for 22. 6 per cent of main-business revenue, up 2. 2 percentage points. Computing-service revenue reached RMB52. 9 billion, up 14 per cent, as Mobile Cloud’s public-cloud scale entered China’s top three for the first time. Data-centre revenue rose 13. 2 per cent to RMB19. 0 billion, with AIDC revenue up 486. 1 per cent. Intelligent computing services jumped 130. 1 per cent to RMB5. 3 billion and contributed 46. 1 per cent of computing-service growth. Mobile customers reached 1. 01 billion, up a net 5. 88 million; broadband customers hit 340 million, up 7. 70 million; and IoT connections rose to 1. 51 billion. Operating cash inflow climbed 37 per cent to RMB114. 9 billion and free cash flow more than doubled to RMB53. 9 billion in the half. Management framed the industry’s shift from mobile communications and mobile internet into a “Mobile AI” era, while warning that external conditions, VAT policy changes and the transition between old and new growth engines still create uncertainty. The company said it will push harder from a telecom operator toward a technology-services model spanning communications, computing and intelligent networks