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China Mobile 1Q net profit increased 37 percent

By Emily Yu
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Posted 24 April 2008 @ 03:00 pm HKT

BEIJING - China Mobile Ltd. said on Monday that in the first quarter the company earned a net profit of 24.1 million Yuan ($3.51 million), 37 percent higher than the same period last year.

China Mobile's first-quarter revenue is 93 billion Yuan, 20 percent higher than the same period of last year, when the revenue was 77.7 billion Yuan.

In first quarter the company increase users by 22.8 billion. Among them, in March new users increased by 7.79 billion and in February 7.97 billion.

As for the users number, China Mobile is China's largest mobile operator.

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