China Mobile H1 Profit Falls 6.3% to CNY 78.9 Billion as Revenue Slips 1.1%
Updated
Updated · Telecompaper EN · Aug 14
China Mobile H1 Profit Falls 6.3% to CNY 78.9 Billion as Revenue Slips 1.1%
2 articles · Updated · Telecompaper EN · Aug 14
Summary
CNY 78.9 billion in first-half profit marked a 6.3% drop for China Mobile, with earnings per share at CNY 3.64.
CNY 538 billion in operating revenue fell 1.1% year on year, underscoring the pressure behind the weaker bottom line.
22.6% of principal-business revenue came from computing and AI services, up 2.2 percentage points from a year earlier, showing growth in newer businesses despite the overall decline.