China Communications Services Corporation (00552) said its profit attributable to equity shareholders for the six months ended 30 June 2014 fell 0.4% year-on-year to Rmb1,238 million.
Its basic earnings per share were Rmb17.9 cents.
The total revenue was Rmb33,743 million, an increase of 4.3% from a year earlier. Due to the slowdown of total revenues growth, the pressure from industry competition and relatively rapid increase in certain costs, gross profit dropped 3% over the same period last year to Rmb4,823 million. Gross profit margin was 14.3%, down by 1.1 percentage points over the same period last year.
No interim dividend will be distributed.
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