On the evening of October 20, China Mobile disclosed the report for the third quarter of 2022. The announcement showed that in the first three quarters of this year, China Mobile’s operating income reached 723.5 billion yuan, a year-on-year increase of 11.5%. During the same period, the company realized a net profit attributable to shareholders of the parent company of 98.5 billion yuan, a year-on-year increase of 13.3%, and the net profit rate attributable to shareholders of the parent company was 13.6%.
Based on the 273 days in the first three quarters of 2022, China Mobile achieved an average daily operating income of 2.65 billion yuan and a net profit of 361 million yuan attributable to shareholders of the parent company.
The announcement also shows that as of September 30, 2022, China Mobile had a total of approximately 974 million mobile customers, with a net increase of 17.15 million in the first three quarters, of which the number of 5G package customers reached 557 million and the number of 5G network customers reached 292 million. , to maintain industry leadership. In the first three quarters of this year, mobile ARPU (average revenue per user) was 50.7 yuan, a year-on-year increase of 1.0%. China Mobile stated that it will continue to strengthen collaborative expansion of operations, promote the development of 5G quality and quality, better meet customer digital consumption needs, and strive to achieve steady growth in mobile ARPU throughout the year.
In the first three quarters of this year, China Mobile’s revenue structure continued to adjust. The main business revenue was 620.1 billion yuan, an increase of 8.3% year-on-year, and the other business revenue was 103.4 billion yuan, a year-on-year increase of 36.4%. Specifically, as of the end of the third quarter of this year, the company’s total number of wired broadband customers reached 265 million, with a net increase of 24.82 million in the first three quarters, of which home broadband customers reached 238 million, with a net increase of 19.66 million in the first three quarters. In the first three quarters, the wired broadband ARPU was 34.8 yuan, a year-on-year increase of 0.2%, and the comprehensive ARPU of household customers was 41.1 yuan, a year-on-year increase of 3.2%.
In addition, China Mobile continued to promote the integrated development of “network + cloud + DICT”, and strived to achieve a comprehensive jump in market capabilities, product capabilities and support capabilities, and the government and enterprise market grew strongly. In the first three quarters, the company’s DICT business revenue reached 68.5 billion yuan, a year-on-year increase of 40.0%.
The upward performance and the continuous improvement of the revenue structure have boosted China Mobile’s popularity in the secondary market. According to data from Flush, as of the close on October 20, China Mobile’s stock price rose 20.08% during the year.
China Mobile stated that in the first three quarters of 2022, in the face of the difficulties and challenges of the complex and changeable external environment such as the epidemic, the company scientifically coordinated the reform and development and epidemic prevention and control, deepened the scale-based value operation, and promoted the omni-directional force and integration of CHBN1. For development, we have made every effort to build a new information service system based on 5G + computing power network + smart middle platform “connection + computing power + capability”. The digital and intelligent transformation has achieved remarkable results, and the business performance has continued to develop well. The company will continue to enhance quality and efficiency, focus on quality improvement, speed up ability forging, improve the collaborative operation system, strengthen risk prevention and control, and strive to achieve good growth in main business income and net profit in 2022.
(Li Qiaoyu and He Wangjuan)
media coverage
IT Home Fast Technology IT Home Sina Technology
event tracking
- 2022-10-20China Mobile earns 361 million yuan per day in the first three quarters
- 2022-01-20China Telecom: The total number of 5G package users reached 188 million, and the number of wired broadband users reached 170 million
- 2021-06-21China Mobile May: 5G package subscribers net increase of 16.651 million, totaling 222 million
- 2021-03-25China Mobile’s net profit in 2020 is 107.8 billion yuan, a year-on-year increase of 1.1%
- 2021-01-20China Mobile’s 5G package customers reach 165 million, twice the set growth target
This article is reprinted from: https://readhub.cn/topic/8kgM3sWZGxU
This site is for inclusion only, and the copyright belongs to the original author.