China Mobile reported its financial results for the first half of 2026, showing a decrease in profit and operating revenue. The company posted operating revenue of CNY 538 billion, a 1.1 percent decline compared to the same period last year. Profit fell by 6.3 percent, totaling CNY 78.9 billion. Earnings per share reached CNY 3.64 for the period.
Despite the decline in overall profit, the company saw growth in specific business segments. Revenue from AI and computing services now accounts for 22.6 percent of the revenue generated from its principal businesses. This figure represents an increase of 2.2 percentage points year-on-year, indicating a shift in the company's business mix as it pivots toward these technological sectors.
These results demonstrate the pressures facing large telecommunications providers in the current market. While the move toward cloud and intelligence-driven services is evident, it has yet to offset the broader revenue contraction experienced during the first six months of the year. Investors and analysts continue to monitor how these infrastructure investments convert into bottom-line gains over the remainder of the fiscal year.