China Mobile Limited’s Net Profit Rose 7.1% in First Three Quarters of 2023

China Mobile Limited (中国移动有限公司) (600941.SH) reported a net profit of 105.6 billion yuan in the first three quarters of 2023, up 7.1% year-on-year.

Meanwhile, the company posted 775.6 billion yuan in revenue, up 7.2% year-on-year.

At the end of the reporting period, it had 1.9 trillion yuan in total assets and 665.2 billion yuan in total liabilities, with a liability-to-asset ratio of 34.1%.