China Mobile posts FY revenues up 8.8% to CNY 229 bln (Digital Media Europe)
(Telecompaper) China Mobile reported revenues of CNY 452.1 billion for 2009, up 9.8 percent from a year earlier. EBITDA rose 5.9 percent to CNY 229.0 billion, and net profit was up 2.3 percent to CNY 115.2 billion. China Mobile maintained its dividend pay-out ratio at 43 percent of profit, with a final dividend of CNY 1.458 per share. Growth was driven by continued expansion of the customer base …
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