USEUROPEAFRICAASIA 中文双语Français
Home / Youth

China Mobile Q4 profit increases

China Daily | Updated: 2009-03-20 07:54

China Mobile Q4 profit increases

Increased spending in developing the rural market was widely believed to have slowed the earnings growth of China Mobile, the world's biggest wireless carrier, in the fourth quarter of 2008.

The company yesterday posted a net profit of 30.2 billion yuan for the fourth-quarter of 2008, up 11 percent from a year earlier period, the slowest in four years. Sales increased 13 percent year-on-year in the same period to 110.95 billion yuan.

Earnings before interest, tax, depreciation and amortization, a measure of operating profitability, rose 12 percent to 216.5 billion yuan over the 12 months ended December.

China Mobile Q4 profit increases

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US