China Mobile 2011 Net Profit Rises 5.2%

China Mobile Limited CHL reported a 5.2% y/y rise in its 2011 net profit. China Mobile's profit for the year climbed to 125.9 billion yuan ($19.88 billion), from 125.2 billion yuan. China Mobile's revenue rose 8.8% to 528 billion yuan. Its customer base surged 11.6% y/y to around 650 million users. China Mobile proposed a final dividend of HK$1.747 a share (22.5 U.S. cents). China Mobile shares closed at $54.03 yesterday.