China Mobile's net profit of 119.6 billion yuan increased 3.9% last year

Source: Internet
Author: User
Keywords Net profit China move last year
China Mobile Limited's annual results in Hong Kong on 16th showed that its operating income of 2010 amounted to 485.231 billion yuan, a 7.3% increase from 2009, a net profit of 119.64 billion yuan and a growth of 3.9% per cent, in line with market expectations. The annual dividend of HK $3.014 per share was expressed in a notice to the HKEx on 16th, and it was proposed that a total of HK $1.597 per share of the final dividend should be paid, up from HK $1.458 a share over the previous year, together with a share of HK $1.417 for the medium-term dividend, and a  Mobile said that the 2011 Full-year profit dividend rate remained at 43% since 2009. In terms of business development, the rural and floating population market continues to be an important new customer growth point, with a net gain of 61.73 million customers and 584 million customers. Voice business continued to grow, with customers calling minutes of 3,461,619,000,000 minutes, up 18.6% from the previous year.  The average monthly income per household (ARPU) was 73 yuan, slowing down to 5.2%. By the end of 2010, mobile 3G (third-generation mobile communications) customers reached 20.7 million, compared with the end of 2009 to increase 17.29 million households, to obtain the leading 3G market share.  In addition, value-added business revenue accounted for 31.2% of the company's operating income, as a driving force for the growth of operating income. This year's capital expenditure increase to 132.4 billion annual report shows that China Mobile over the past year net cash increased by nearly 28 billion yuan.  Mobile last year held a net cash of 258.18 billion yuan, an increase of 12.1% than 2009, operating net cash flow of 231.379 billion yuan, year-on-year growth of 11.7%, free cash flow of 107.032 billion yuan, growth of 37.7%. Capital spending on mobile will rise again over the next three years, the report said.  The capital expenditure of the companies in 2011, 2012 and 2013 respectively was 132.4 billion, 130.4 billion and 125.5 billion yuan, representing a notable increase in 2011 Yuan and 98 billion yuan in 2012, which were forecast by management last year.  Mobile explained that the increase in future capital expenditure will mainly be used for long-term investment, including the development of a network of business development, high value-added data services, expansion of WLAN construction, and investment in new business. 237 million cash purchase China Mobile said yesterday it also announced that, through the affiliated companies to 237 million yuan cash acquisition of its holding of the terminal sales subsidiary of the whole stake.  The announcement showed that 237 million yuan of cash paid to six companies, including China Mobile Communications Group, which paid 37.93 million yuan to ZTE, Oriental Communications, Shenzhou Digital and Ningbo waveguide each 35.56 million yuan, Huawei investment 23.71 million yuan. In the end of 2003, was founded by China Mobile launched a terminal product sales business-oriented companies, registered capital of 200 million yuan. Although the company byChina Mobile launched, but in fact there are Eastern communications, Huawei, waveguide, ZTE, Shenzhou Digital and other enterprises to participate in the initial investment, the Chinese mobile equity does not occupy an absolute advantage. General Xinhua News agency, Zong Xin
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