China Mobile in results released Monday reported a net profit of 31.1 billion yuan ($4.9 billion) during the quarter ended September 2012 as compares to an average forecast of 30.5 billion yuan ($4.87) in a Reuters poll of nine analysts. The average revenue per user fell to 4.3 percent to 67 yuan (US$10.70) from a year earlier while the company saw monthly net additional customers exceed 5.4 million.
Quarter Highlights:
- Operating revenue reached RMB408.6 billion, up by 6.4% over the same period of last year
- EBITDA of RMB187.3 billion, essentially maintained at the level for the same period of last year
- Profit attributable to equity shareholders of RMB93.3 billion, up by 1.4% over the same period of last year