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China Mobile's H1 revenue grows 5%, profit up 3.5%; offers special dividend

2017-08-10 09:42:00| Telecompaper Headlines

(Telecompaper) China Mobile posted operating revenue of CNY 388.9 billion for the first six months of 2017, which represents an increase of 5 percent from the year-earlier period. EBITDA reached CNY 140.7 billion, up 4.7 percent in the period, while profit rose 3.5 percent year-on-year to CNY 62.7 billion in the first half of 2017.  The company's board has declared payment of a one-off special dividend of HKD 3.200 per share in celebration of the group's 20th anniversary on the stock market.

Tags: special china offers profit

 

China Mobile pays dividends as 1H revenue grows 5%

2017-08-10 02:00:00| Total Telecom industry news

China Mobile on Thursday announced it will pay a special dividend as well as an interim dividend as it reported 5% growth in revenue for the first six months of 2017. Shareholders will receive a one-off payout of HK$3.20 (€0.35) per share on top of an interim payout of HK$1…read more on TotalTele.com »

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McDonald's to double restaurant count in China within five years

2017-08-10 01:00:00| Food Processing Technology

McDonald's has revealed plans to increase the number of restaurants in China from 2,500 to 4,500 by the end of 2022.

Tags: years within china double

 

New interactive map tracks China footwear factory wage rates

2017-08-09 14:23:00| Daily apparel & textile news and comment - from just-style.com

A new interactive factory wage map has been launched to help firms track Chinese wage rates by city and province in real time.

Tags: map china rates interactive

 

Polyester Fiber and Filament Yarn Prices in China (Weekly Report)

2017-08-09 09:00:00| EmergingTextiles.com

Polyester filament prices have sharply fallen in the last two weeks in China, over a decline of PTA prices and weaker demand from processors. Staple fiber prices have slightly retreated in the meantime. Our weekly report covers the Polyester Staple Fiber (PSF) and Polyester Filament Yarn (PFY) prices on the domestic market, including a price comparison of polyester staple fibers with cotton and viscose. The gross margin of polyester spun yarn producers is also released.

Tags: report china prices weekly

 

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