China Mobile Net Profit Reached CNY92 Billion In First Three Quarters In 2011October 28, 2011 | Print | Comments | Category: Telecom & Wireless
Chinese telecom operator China Mobile has published its performance report for the third quarter of 2011, stating that from January to September 2011, the company realized operating revenue of CNY383.846 billion, a year-on-year increase of 8.8%.
The report also showed that during the first three quarters of 2011, China Mobile's earnings before interest, taxes, depreciation, and amortization were CNY187.371 billion, an increase of 5.4% compared with the same period of last year. Its profit attributable to shareholders was CNY91.978 billion, a year-on-year increase of 5.4%; and the profit rate was 24%.
For user development, by the end of September 2011, the total number of China Mobile's users was 633.5 million, including 43.16 million 3G users. During the first nine months, the company gained monthly net increase of 5.5 million new users on average.
The report showed that from January to September 2011, China Mobile's minutes of use per user per month were 526 minutes, which was a slight decrease from 528 minutes in the same period of last year. At the same time, its average revenue per user per month was CNY70, which maintained the same level as last year.
However, China Mobile's data business saw significant bandwidth growth during the reporting period. Its wireless Internet business volume reached 217.3 billion megabytes, of which 112.3 billion megabytes was contributed by mobile data and 105 billion megabytes was from WLAN data.
In addition, the short message sector was still a highlight for the company. During the first three quarters of 2011, China Mobile's users sent out 549.7 billion short messages in total. The number was 362.5 billion in the same period of 2010.
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