China Mobile Reports 6.3% Rise In Net Income, Declares Interim Dividend

China Mobile Ltd CHL reported a 6.3% rise in its net income for the half year ending June 30. China Mobile's net income for the period rose to 61.28 billion yuan ($9.59 billion), from 57.64 billion yuan, in the year-ago period, versus analysts' estimates of 60.46 billion yuan. China Mobile added 32.77 million cellular subscribers during the period. Its average revenue per user per month during the period came in at 70 yuan. China Mobile also declared an interim dividend of $1.58 Hong Kong dollars per share, up from HK$1.417 per share, in the year-ago period. China Mobile shares gained 0.14% to close at $48.54 yesterday.
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