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China Mobile net profit up 8 pct in 2022

March 24, 2023


Abstract : China Mobile, one of the country's leading telecommunication operators, reported net profit growth of 8 percent year on year in 2022.

People visit the exhibition booth of China Mobile at the 2022 World 5G Convention in Harbin, capital of northeast China's Heilongjiang Province, Aug. 10, 2022.  (Xinhua/Zhang Tao)

BEIJING, March 23 (Xinhua) -- China Mobile, one of the country's leading telecommunication operators, reported net profit growth of 8 percent year on year in 2022.

The company's net profit was 125.46 billion yuan (about 18.26 billion U.S. dollars) last year, the company said in a statement.

The operator raked in 937.3 billion yuan in operating revenues in 2022, up 10.5 percent year on year, according to the statement.

Earnings per share stood at 5.88 yuan.

By the end of last year, the company had 975 million mobile subscribers, with its 5G subscribers totaling 614 million. 

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Keyword: China Mobile

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