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Wireless

China Mobile profit drops 8% in Q1, revenue slightly declines

Wednesday 24 April 2019 | 11:26 CET | News
China Mobile reported operating revenue of CNY 185 billion for the first quarter of 2019, which represents a decline of 0.3 percent year-on-year. Revenue from telecommunications services was CNY 165.9 billion, down by 0.5% percent over the same period of 2018, while EBITDA amounted to CNY 72.7 billion, up by 4.4 percent year-on-year. Profit was also down 8.3 percent year-on-year to CNY 23.7 billion.

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Categories: Mobile & Wireless
Companies: China Mobile
Countries: China
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