Summary by Futu AI
China Mobile Limited announced unaudited financial results for the first quarter of 2024. The report showed that the company's operating income reached RMB2,637 billion, up 5.2% year-on-year, with communications services revenue of RMB2,193 billion, up 4.5% year-on-year. However, the company's EBITDA was RMB 780 billion, down 2.3% from the same period last year. Shareholders accounted for a 5.5% increase in profit to RMB 296 billion. The number of mobile customers reached 9.96 million, of which 7.99 million 5G plan customers. The number of wired broadband customers increased to 3.05 million. The company has enjoyed steady growth in the personal, home and corporate markets. CHINA MOBILE EMPHASIZES THAT IT WILL CONTINUE TO PROMOTE HIGH-QUALITY DEVELOPMENT AND STRIVE TO BECOME A WORLD-CLASS INFORMATION SERVICE TECHNOLOGY INNOVATION COMPANY. The results announcement date is 22 April 2024.