Top mobile firm sees growth dip
Print Edition
China Mobile, the country’s largest mobile operator, reported slower growth in net profits last year, the company data said yesterday.
Profits attributable to shareholders came in at 117.8 billion yuan (US$17.6 billion) in 2018, up 3.1 percent year on year.
The growth was down from a 5.1 percent annual increase in 2017.
Operating revenue totaled 736.8 billion yuan, up 1.8 percent year on year, of which revenue from telecoms services was 670.9 billion yuan, up 3.7 percent.
The company had 925 million mobile subscribers in 2018, a net increase of 37.87 million from the previous year, while its landline broadband users rose 44 million to 157 million. China Mobile outperformed its domestic rivals China Telecom and China Unicom.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
