SLIGHTLY LOWER: China Mobile said Thursday its half-year net profit fell by 8.5%, blaming the downturn on fierce competition and market reforms.
HONG KONG: China Mobile, the world's biggest mobile operator by subscribers, said Thursday its half-year net profit fell by 8.5%, blaming the downturn on fierce competition and market reforms.
The company said in a filing to the Hong Kong bourse, where it is listed, that its net profit for the first six months of 2014 fell to 57.7bil yuan (RM29.8bil), down from the same period last year.
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