Enterprise financial report

In 2020, China Mobile’s operating revenue will be 768.1 billion yuan, and its net profit will be 107.8 billion yuan From Financial report of China Mobile

The following is the In 2020, China Mobile’s operating revenue will be 768.1 billion yuan, and its net profit will be 107.8 billion yuan From Financial report of China Mobile recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report.

China Mobile released its annual performance report for 2020 today. According to the report, the operating revenue of China Mobile in 2020 was 768.1 billion yuan, up 3.0% year on year. Among them, the revenue from communication services was 695.7 billion yuan, up 3.2% year on year; the EBITDA was 285.1 billion yuan, down 3.7% year on year; the profit attributable to shareholders was 107.8 billion yuan, up 1.1% year on year.

China Mobile said that perplexing novel coronavirus pneumonia, accelerating economic and social transformation and the diversification of industries and cross-border competition in 2020, the company strives to overcome all kinds of difficulties and challenges, and strives to advance steadily and promote high-quality development. In line with the overall deployment of the world class “power building” strategy, we need to accelerate transformation, upgrading and deepening reform. Innovation, firmly grasp the precious opportunity of 5g development, actively explore a new blue ocean of digital economy, the leading position in the industry is stable, the business performance is growing steadily, the development momentum is constantly enhanced, and remarkable results have been achieved in all aspects of work.

In 2020, the annual operating revenue will reach RMB 768.1 billion, with a year-on-year growth of 3.0%, of which the revenue from communication services will reach RMB 695.7 billion, with a year-on-year growth of 3.2%. Thanks to the excellent performance of the two “growth poles” of the home market and the government enterprise market, the revenue of cable broadband reached 80.8 billion yuan, a year-on-year increase of 17.4%, and the revenue of application and information services reached 1.2 billion yuan, 10 billion yuan, a year-on-year increase of 22.4%. The proportion of new business income of non-traditional communication business was further increased, and the income structure of chbn was further optimized, adding a strong driving force for sustainable growth in the future.

The company has made great efforts to promote cost reduction and efficiency improvement, strengthen cost control of all staff, all factors and the whole process, and achieved good results. The profit attributable to shareholders was 107.8 billion yuan, and the profit per share was 5.27 yuan, with a year-on-year growth of 1.1%. The profitability continued to maintain the leading level of world-class operators. EBITDA was 285.1 billion yuan, a year-on-year decrease of 3.7%; the ratio of EBITDA was 37.1%, a year-on-year decrease of 2.6 percentage points. The capital expenditure was 180.6 billion yuan, and the free cash flow was 127.1 billion yuan. The cash flow remained healthy.

The board of Directors proposes to pay a final dividend of HK $1.76 per share for the year ended 31 December 2020, together with an interim dividend of HK $1.53 per share already paid, for a total of HK $3.29 per share for the year ended 31 December 2020.

The company attaches great importance to the return of shareholders, and will comprehensively consider the profitability and cash flow situation, so as to maintain the stable dividend distribution per share in 2021 and strive to create greater value for shareholders.

More reading from c114: financial report of China Mobile: in 2017 q1-q3, the revenue of China Mobile was 569.5 billion yuan, accounting for 90% of the total revenue of communication services. Financial report of China Mobile: in 2020, the net profit of q1-q3 was 81.6 billion yuan Financial report of China Mobile: net loss of 473000 customers in August 2020 financial report of China Mobile: loss of 7.25 million users in February 2020 financial report of China Mobile: revenue of China Mobile in the first half of 2018: 391.8 billion yuan, a year-on-year increase of 2.9% financial report of China Mobile: net profit of China Mobile in 2017: 114.3 billion yuan Year on year growth of 5.1% financial report of China Mobile: net profit of China Mobile in q1-q3 of 2017 was 92.1 billion yuan, a year-on-year growth of 4.6% financial report of China Mobile: profit of China Mobile in the first half of 2019 was 56.1 billion yuan, a year-on-year decrease of 14.6% financial report of China Mobile: revenue of China Mobile in Q1 of 2019 was 185 billion yuan, a year-on-year decrease of 0.3% financial report of China Mobile: net profit of China Mobile in the first half of 2017 was 62.7 billion yuan Year on year growth of 3.5% China mobile financial report: 2016 Q1 China Mobile revenue 184 billion yuan, net profit increased by 3.7% China mobile financial report: in the first half of 2020, China mobile net profit 55.77 billion yuan, a year-on-year decrease of 0.5% China mobile financial report: in the first half of 2016, China mobile net profit 60.6 billion yuan Year on year growth of 5.6% financial report of China Mobile: data traffic of China Mobile increased 148% in Q1 of 2016 financial report of China Mobile: data traffic of China Mobile increased 154% in the first half of 2015

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