13
China Communications Services Corporation Limited Annual Report 2015
PRESIDENT’S STATEMENT
Dear Shareholders,
I am very pleased to present the operating results of the Group in 2015.
FINANCIAL PERFORMANCE
In 2015, the Group pursued development with full confidence and achieved scale development through value enhancement.
Total revenues exceeded RMB80 billion and reached RMB80,960 million, representing a year-on-year growth of 10.6%. The
Group leveraged on its edge of integrated service capability, kept enhancing service quality and customer satisfaction, and
effectively preserved value in its business. The overall gross profit margin in 2015 was 14.1%, indicating a moderate slow down
of the decrease in gross profit margin
1
. Benefited from the economies of scale in business development and effective cost
In 2015, the Group achieved
scale development through value
enhancement. Total revenues
exceeded RMB80 billion and revenue
structure was further optimized. In
addition, we mapped out the
development plan in accordance with
market changes, adhered to deepening
reform and management innovation,
and established a solid foundation
for future development of the
Group.
Si Furong
President
1
For 2013, 2014 and 2015, the decrease in gross profit margin compared to the corresponding period of previous year was 0.7 percentage point, 0.6
percentage point and 0.5 percentage point, respectively.
