State Grid Corporation of China Communications: Net profit in 2025 is 678 million yuan, a year-on-year decrease of 16.91%.

State Grid Information Communication released its performance report, achieving a total operating income of 10.628 billion yuan in 2025, an increase of 1.99% year-on-year; net profit was 678 million yuan, a decrease of 16.91% year-on-year. During the reporting period, the company achieved a total operating income of 10.628 billion yuan, an increase of 1.99% compared to the same period last year; operating profit was 813 million yuan, a decrease of 11.00% compared to the same period last year; total profit was 802 million yuan, a decrease of 9.50% compared to the same period last year, mainly due to the provision for credit impairment losses; net profit attributable to the shareholders of the listed company was 678 million yuan, a decrease of 16.91% compared to the same period last year, mainly due to credit impairment losses and an increase in income tax expenses.