China Satellite Communications reports first-half 2026 net profit of 113 million yuan, down 37.36% year on year

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China Satellite Communications has released its 2026 interim report, with net profit attributable to the parent company of 113 million yuan, a decrease of 37.36% from the same period last year. Total operating revenue was 1.229 billion yuan, up 0.66% year on year, marking a second consecutive year of growth. Net cash inflow from operating activities was 240 million yuan, down 20.48% year on year. The company's latest asset-liability ratio was 9.82%, gross margin was 22.80%, return on equity was 0.71%, and diluted earnings per share was 0.03 yuan.

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