China Communications Services' 2024 Profit Inches Up

MT Newswires Live
27 Mar

China Communications Services' (HKG:0552) attributable profit rose 0.6% to 3.61 billion yuan in 2024 from 3.58 billion yuan in 2023, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the telecommunication infrastructure service company increased to 0.521 yuan from 0.518 yuan in the previous year.

Revenue inched up 0.9% to 150 billion yuan from 148.6 billion yuan a year earlier.

The board proposed a final dividend of 0.2187 yuan per share, payable to shareholders on record as of July 7.

China Communications has yet to announce the payment date.

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