China Mobile (DE:CTM) has released an update.
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China Mobile Limited reports a 3.0% increase in operating revenue to RMB546.7 billion for the first half of 2024, with telecommunications services revenue climbing by 2.5% to RMB463.6 billion. Digital transformation initiatives have paid off, with related revenue surging by 11.0% to RMB147.1 billion, now making up nearly a third of telecommunications services revenue. The company has also declared a 7.0% higher interim dividend of HK$2.60 per share, reflecting a positive growth trajectory.
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