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China Mobile Q1 profit drops 5.6% to CNY 23.8 bln

2015-04-20 12:07:00| Telecompaper Headlines

(Telecompaper) China Mobile saw its first-quarter revenues grow 3.9 percent year-on-year to CNY 160.8 billion, and EBITDA rose 2.8 percent to CNY 59.1 billion. EBITDA margin declined to 36.8 percent from 37.2 a year ago. Net profit dropped 5.6 percent to CNY 23.8 billion.

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China Eastern profit surges 45%

2015-03-30 06:31:24| Airlines - Topix.net

China Eastern Airlines Corp. posted a 45% increase in 2014 profit, as strong growth in air traffic and lower fuel prices more than offset foreign exchange losses. The Shanghai-based carrier said on Friday that net profit last year was 3.42 billion Chinese yuan , according to Chinese accounting standards, up from CNY2.36 billion the previous year.

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China Mobile profit declines 10.2% in 2014

2015-03-19 08:39:00| Telecompaper Headlines

(Telecompaper) China Mobile saw its operating revenue grow by 1.8 percent year-on-year to CNY 641.4 billion in 2014. Revenue from telecommunications services declined by 1.5 percent to CNY 581.8 billion in 2014. Data business revenue reached CNY 253.1 billion, up by 22.3 percent compared to the previous year and as a percentage of revenue from telecommunications services increased to 43.5 percent.

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China Mobile full-year profit slides

2015-03-19 01:00:00| Total Telecom industry news

Chinese telco plans to reduce 4G network capex in 2015 after heavy spending last year.

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China Telecom revenues, profit almost flat in 2014

2015-03-18 10:13:00| Telecompaper Headlines

(Telecompaper) China Telecom reported operating revenues of CNY 324.3 billion for the year ended 31 December 2014, which represents an increase of 0.9 percent compared to 2013. Service revenues amounted to CNY 287.3 billion, up by 3.1 percent year-on-year. EBITDA rose to CNY 94.8 billion, while the EBITDA margin stood at 33 percent. Profit slightly increased by 0.8 percent to CNY 17.6 billion in 2014, while basic earnings per share amounted to CNY 0.22. Capital expenditure amounted to CNY 76.9 billion, while free cash flow was CNY 12.5 billion.

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