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China Mobile revenue up, profit slightly declines in 2015
2016-03-17 11:03:00| Telecompaper Headlines
(Telecompaper) China Mobile reported operating revenue of CNY 668.3 billion for 2015, which represents an increase of 2.6 percent year-on-year. Revenue from telecommunications services totaled CNY 584.1 billion, down 1.3 percent compared to 2014. EBITDA was CNY 240 billion, down by 0.7 percent. Profit reached CNY 108.5 billion, down 0.6 percent.
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China Mobile profit slips, talks up 4G growth
2016-03-17 01:00:00| Total Telecom industry news
China's biggest mobile operator says 4G will be its 'focal point' for 2016.
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China Southern Airlines sees 2015 profit more than doubling
2016-01-26 18:49:53| Airlines - Topix.net
Jan 26 China Southern , the country's largest airline by fleet size, expects its net profit to have more than doubled in 2015 due to increased overseas travel by the Chinese, weak oil prices and lower forex losses as the yuan depreciated. Chinese airlines, such as Air China , China Southern and Spring Airlines, have given positive guidance on profit this week ahead of final annual results due to be announced in March.
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China Telecom says profit down 9 percent due to tax change
2015-04-28 13:51:25| Telecom - Topix.net
China Telecom Ltd., one of China's three main state-owned phone carriers, says its quarterly profit fell 9 percent from a year earlier due to tax changes and a rise in personnel costs. The Beijing-based company said Tuesday it earned 5 billion yuan in the three months ended March 31. Revenue declined 2.1 percent to 81.4 billion yuan .
China Telecom net profit down 9.2% in Q1
2015-04-28 10:40:00| Telecompaper Headlines
(Telecompaper) China Telecom reported first-quarter revenues down 2.1 percent year-on-year to CNY 81.45 billion. Service revenues slightly decreased by 0.2 percent to CNY 72.7 billion. EBITDA also decreased by 2.2 percent to CNY 24.5 billion, while net profit went down 9.2 percent to CNY 5 billion. For the first quarter of 2015, the number of mobile subscribers of the group reached 189 million, following a cumulative net addition of 3.20 million users in the period.
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