China Communications Services Corp. Ltd. 2018 AR2
The report highlights China Comservice's transition into a hundred-billion scale enterprise in 2018, with total revenues reaching RMB 106,177 million, a 12.3% year-on-year increase. The company accelerated its transformation toward digital services, driven by the domestic non-telecom operator market and OPEX business. Profit attributable to equity shareholders grew by 6.9% to RMB 2,901 million, while free cash flow remained healthy at RMB 3,613 million. Additionally, the company made progress in its ESG initiatives, including poverty alleviation, disaster relief, and reducing its electricity consumption.
Company: China Communications Services Corp. Ltd.
Sector: Professional & technical services
Country: China
Year: 2018
Type: AR2
Pages: 207
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China Communications Services Corp. Ltd.
Annual Report
The report highlights China Comservice's transition into a hundred-billion scale enterprise in 2018, with total revenues reaching RMB 106,177 million, a 12.3% year-on-year increase. The company accelerated its transformation toward digital services, driven by the domestic non-telecom operator market and OPEX business. Profit attributable to equity shareholders grew by 6.9% to RMB 2,901 million, while free cash flow remained healthy at RMB 3,613 million. Additionally, the company made progress in its ESG initiatives, including poverty alleviation, disaster relief, and reducing its electricity consumption.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Employees