China Mobile (DE:CTM) has released an update.
China Mobile reported a 2% increase in operating revenue to RMB791.5 billion for the first three quarters of 2024, with telecommunications services contributing RMB678.0 billion. Despite a 2% decline in EBITDA, profit attributable to equity shareholders rose by 5.1% to RMB110.9 billion, driven by a growing customer base, including 539 million 5G network users.
For further insights into DE:CTM stock, check out TipRanks’ Stock Analysis page.
