China Mobile profit 
2019-08-09
China Mobile reported a net-profit drop of almost 15 percent year on year in the first half of 2019, attributing it to increased spending on 5G and the low cost of mobile communications.
In the first six months of this year, its net profit was 56.1 billion yuan (US$8 billion), 14.6 percent down from a year ago. Revenue reached 389.4 billion yuan, down 0.6 percent from a year ago. By the end of June, China Mobile’s subscriber base had reached 935 million. China Mobile is the world’s No. 1 mobile carrier. 
