China Mobile Limited’s Net Profit Rose 18.8% in First Half of 2022

China Mobile Limited (中国移动有限公司) (600941.SH) reported a net profit of 70.3 billion yuan in the first half of 2022, up 18.8% year-on-year.

Meanwhile, the company posted 496.9 billion yuan in revenue, up 12% year-on-year.

At the end of the reporting period, it had 1.9 trillion yuan in total assets and 622.9 billion yuan in total liabilities, with a liability-to-asset ratio of 33.2%.