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China Mobile grows H1 sales 7% on strong 4G uptake

2016-08-11 09:08:00| Telecompaper Headlines

(Telecompaper) China Mobile reported improving results in the first half of 2016, growing operating revenue 7.1 percent year-on-year to CNY 370.4 billion. Growth in telecom service revenues improved to 6.9 percent to CNY 325.4 billion, compared to an increase of 4.9 percent in the first quarter of 2016. EBITDA rose 2.9 percent to CNY 134.4 billion, and net profit increased 5.6 percent to CNY 60.6 billion. The company declared an interim dividend of HKD 1.489 per share.

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