China Bay Communications (603220.SH) announced semi-annual results, with net profit of 10.65 million yuan to mother, a year-on-year decrease of 78.96%

Zhitong Finance App News, Zhongbei Communications (603220.SH) disclosed the 2026 semi-annual report. During the reporting period, the company achieved operating income of 1,358 billion yuan, a year-on-year decrease of 14.32%; net profit to mother of 10.65 million yuan, a year-on-year decrease of 78.96%; after deducting non-net profit of 3.87 million yuan, a year-on-year decrease of 92.06%; and basic earnings per share were 0.0199 yuan.

As operator investment continued to slow down, the company's 5G new infrastructure business, smart city and other business revenue declined, and gross margin declined, affecting the company's performance, leading to a sharp year-on-year decline in total profit, net profit attributable to shareholders of listed companies, and net profit attributable to shareholders of listed companies after deduction of non-recurring profits and losses.