Core Viewpoint - Despite weak revenue performance, China Mobile (600941)(00941) is expected to increase its annual dividend payout ratio to 74%, translating to a dividend yield of approximately 6.4% while maintaining an outperform rating [1] Financial Performance - Telecom service revenue for China Mobile grew only 0.7% year-on-year to 467 billion RMB, which is 0.5% lower than expectations, primarily due to a slowdown in digital information and communication technology (DICT) business growth and a decline in mobile service revenue [1] - Net profit remained stable with a year-on-year increase of 5% to 84.2 billion RMB, supported by strict cost control [1] - Capital expenditure decreased by 9% year-on-year to 58 billion RMB, accounting for only 39% of the annual budget [1] Dividend Information - The company declared an interim dividend of 2.75 HKD, representing a year-on-year increase of 6%, with a payout ratio of 64% [1]

智通财经APP获悉，里昂发布研报称，尽管中国移动(00941)收入表现疲软，认为其全年派息比率可能提 升至74%，相当于股息率约6.4%; 维持跑赢大市评级。中国移动上半年业绩表现当中，电信服务收入仅 同比增长0.7%至4,670亿元人民币(下同)，较预期低0.5%，主要因数字信息与通信技术(DICT)业务增长 放缓，以及移动服务收入下跌。AI收入虽然快速增长，但贡献仍然较小。 报告提到，在严格成本控制支持下，净利润保持稳定，同比增长5%至842亿元。上半年资本开支同比跌 9%至580亿元，仅占全年预算的39%。集团宣派中期息2.75港元，同比升6%，派息率为64%。 ...