China Mobile's profits slip 6%

Friday 21 March 2014 | 02:12 CET | News
China Mobile's net profit for 2013 was down 5.9 percent at CNY 121.7 billion due to infrastructure and business investments during the year. Revenues grew 8.3 percent to CNY 630.2 million, which includes CNY 590.8 billion in telecommunications services revenues, up 5.4 percent year-on-year. Voice services revenues were slightly down at CNY 355.7 billion but data services revenues were up at CNY 206.9 billion. Other telecommunications services revenues grew to CNY 28.2 billion. EBITDA slipped 5.2 percent to CNY 240.4 billion and EBITDA margin stood at 38.2 percent, down by 5.4 percentage

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