Operating

China Mobile's Net Profit hits 87.2 Billion Yuan in the First Three Quarters

Updated:2021/10/22 13:45

On October 20, China Mobile released its unaudited financial data for the first three quarters of 2021.

According to the data, China Mobile saw its operating revenue increased by 12.9 percent year-on-year to 648.6 billion yuan for the first three quarters. Revenue from telecommunication services grew by 9.0% year-on-year to 572.9 billion yuan. EBITDA was 237.5 billion yuan, up by 9.5% from last year. Profit attributable to equity shareholders reached 87.2 billion yuan, up by 6.9% year-on-year.

According to China Mobile, it has maintained strong growth momentum in the government enterprise markets. In the first three quarters, DICT business maintained a rapid growth, reaching a revenue of 48.9 billion yuan. China Mobile stated that it would strive to become a world-class enterprise by building a dynamic “Powerhouse” to promote its digital and intelligent transformation, so as to achieve high-quality development and continued growth in revenue from communications services throughout the year.

 Source:C114
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