Jinwu Financial News | China Mobile (00941) announced that in the first quarter of 2024, the Group recorded profit attributable to shareholders of 29.609 billion yuan (RMB, same below), an increase of 5.49% over the previous year. Basic earnings per share were 1.38 yuan, up 5.34% year over year.
During the period, operating revenue was recorded at 263.794 billion yuan, an increase of 5.2% over the previous year. EBITDA was 78 billion yuan, down 2.3% year over year.
During the period, the Group's communications service revenue was 219.3 billion yuan, up 4.5% year on year; revenue from sales products and others was 44.4 billion yuan, up 8.6% year on year.
In terms of the individual market, as of March 31, 2024, the Group had a total of 996 million mobile customers, including 799 million 5G package customers and 488 million 5G network customers; in the first quarter, mobile Internet traffic increased 3.3% year-on-year, mobile Internet DOU reached 14.9 GB; and mobile ARPU was 47.9 yuan.
In terms of the household market, as of March 31, 2024, the total number of the Group's broadband customers reached 305 million, with a net quarterly increase of 6.83 million, of which household broadband customers reached 269 million, a net quarterly increase of 5.28 million; in the first quarter, the comprehensive ARPU for household customers was 39.9 yuan, an increase of 1.8% over the previous year.