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China Mobile's profit grows 2.3%, tops 940 mln customers in Q1
2021-04-21 06:57:00| Telecompaper Headlines
(Telecompaper) China Mobile posted operating revenue of CNY 198.4 billion for the first quarter of 2021, which represents an increase of 9.5 percent year-on-year...
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China Mobile Q1 customer numbers, revenues, profit fall amid virus pandemic
2020-04-20 14:18:00| Telecompaper Headlines
(Telecompaper) Preliminary operating revenues for the quarter fell 2 percent from the year before to CNY 181.3 billion, impacted by measures taken during the coronavirus (covid-19) pandemic and despite service revenue rising 1.8 percent to CNY 168.9 billion. Revenue from the sale of products and others was down 34.9 percent to CNY 12.4 billion, mainly due to lower handset and IoT device sales amid the virus hit. Meanwhile, EBITDA slipped 5.8 percent to CNY 68.5 billion while the profit attributable to shareholders dipped 0.8 percent lower to RMB 23.5 billion.
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China Unicom's 9-month profit jumps nearly 12% on cost control
2019-10-22 11:12:00| Telecompaper Headlines
(Telecompaper) China Unicom posted service revenue of CNY 198.53 billion for the first nine months of 2019, which represents a decline of 0.7 percent year-on-year. EBITDA amounted to CNY 73.14 billion, up by 10.4 percent year-on-year, while profit jumped 11.9 percent year-on-year to RMB 9.82 billion, boosted by effective cost control, the company said.
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China Telecom grows FY net profit 14% after mobile expansion
2019-03-19 09:45:00| Telecompaper Headlines
(Telecompaper) China Telecom reported net profit for 2018 up 13.9 percent to CNY 21.2 billion, supported by its strong growth in the mobile market. Revenues rose 3.0 percent to CNY 377.1 billion, and EBITDA increased 2.0 percent to CNY 104.2 billion, for a slight fall in the margin to 29.7 percent.
China Mobile's 9-month profit grows 3%, revenue slightly declines
2018-10-23 09:08:00| Telecompaper Headlines
(Telecompaper) China Mobile posted operating revenue of CNY 567.7 billion for the first three quarters of 2018, which represents a decline of 0.3 percent year-on-year. Revenue from telecommunications services was CNY 518.4 billion, up by 0.6 percent over the same period last year. EBITDA was CNY 214.1 billion, up by 3.1 percent over the same period of 2017, while profit reached CNY 95 billion, up by 3.1 percent year-on-year.
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