China Communications Services : Interim Report 2017

CHINA COMMUNICATIONS SERVICES CORPORATION LIMITED‌‌‌‌‌‌‌‌‌‌

中國通信服務股份有限公司

Stock Code 股份代號: 552

Innovation and Transformation

創新轉型

INTERIM REPORT

中期報告 2017

CONTENTS

1. Financial Highlights

2. Chairman's Statement

1. Report on Review of Interim Financial Report

2. Consolidated Statement of Profit or Loss (Unaudited)

3. Consolidated Statement of Profit or Loss and Other Comprehensive Income (Unaudited)

4. Consolidated Statement of Financial Position (Unaudited)

13 Consolidated Statement of Changes in Equity (Unaudited)

1. Condensed Consolidated Statement of Cash Flows (Unaudited)

2. Notes to the Unaudited Interim Financial Report

36 Other Information

FINANCIAL HIGHLIGHTS

Six months ended 30 June

2017	2016 Change
Revenues (RMB million)	44,888	42,176 6.4%
Gross profit (RMB million)	5,709	5,392 5.9%
Profit attributable to equity shareholders of the Company (RMB million)	1,469	1,386 5.9%
Basic earnings per share (RMB)	0.212	0.200 5.9%
Free cash flow1(RMB million)	2,002	2,385 -16.0%

Revenues

(RMB million)

Profit Attributable to Equity Shareholders of the Company

(RMB million)

1H 2017	44,888	1H 2017	1,469
1H 2016	42,176	1H 2016	1,386

Basic Earnings per Share

(RMB)

Free Cash Flow

(RMB million)

1H 2017	0.212	1H 2017	2,002
1H 2016	0.200	1H 2016	2,385

1 Free cash flow = Profit for the year + Depreciation and amortisation - Changes in working capital - Capital expenditure

02 Interim Report 2017China Communications Services Corporation Limited