China Mobile 2012 Net Profit Rises 2.7%

China Mobile
CHL
reported a 2.7% rise in its net profit last year. China Mobile's net profit last year rose to 129.3 billion yuan ($20.8 billion), from CNY125.9 billion in 2011. Its revenue climbed to CNY560.4 billion from CNY528 billion. It also recommended a final dividend of HK$1.778 per share, versus HK$1.747 per share. China Mobile shares closed at $53.37 yesterday.
Posted In: profitEarningsNews