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China Mobile¡¯s Q1 Net Profit Decreases by 8.3% Year-on-year

Updated:2019/4/26 16:21

According to the financial report, the revenue of China Mobile in the first quarter of 2019 is 185 billion RMB, decreasing by 0.3% year-on-year; to be specific, the communication service revenue is 165.9 billion RMB, which dropped by 0.5% year-on-year. The profit attributable to shareholders is 23.7 billion RMB, which decreased by 8.3% from a year earlier. The profit rate attributable to shareholders is 12.8% and the profitability remains at a leading level. The EBITDA is 72.7 billion RMB, increasing by 4.4% from a year earlier.

Up to March 31st, 2019, China Mobile had about 931 million mobile clients in total, including 723 million 4G users, with a net increase of 10.67 million 4G users in the first quarter.

 Source:C114
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