China Mobile (DE:CTM) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
China Mobile Limited reports a 3.0% increase in operating revenue to RMB546.7 billion for the first half of 2024, with telecommunications services revenue climbing by 2.5% to RMB463.6 billion. Digital transformation initiatives have paid off, with related revenue surging by 11.0% to RMB147.1 billion, now making up nearly a third of telecommunications services revenue. The company has also declared a 7.0% higher interim dividend of HK$2.60 per share, reflecting a positive growth trajectory.
For further insights into DE:CTM stock, check out TipRanks’ Stock Analysis page.
