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China Mobile Q3 Net Profit Up 1.3%

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China Mobile Ltd (NYSE: CHL) reported a 1.3% rise in its third-quarter net profit.

China Mobile's quarterly earnings increased to 31.1 billion yuan ($4.9 billion), from 30.7 billion yuan, in the year-ago period. However, analysts were expecting a net profit of 30.5 billion yuan.

China Mobile shares closed at $54.09 on Friday.

Posted-In: profitEarnings News

 

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