China Mobile subscribers top 204 million

China Mobile released its annual results for the year 2004 in Hong Kong on Mar. 11.

The company accomplished gratifying financial results in 2004 and saw remarkable increase in turnover, which reached 192.381 billion yuan increasing by 21.3 percent year on year. Its net profit was 42.004 billion yuan, up by 18.1 percent.

Up to Dec. 31, 2004 the company's subscribers has exceeded 204 million.

In addition, its new services witnessed marked development in 2004. Compared with the previous year revenue from new services increased 76.5 percent.

By People's Daily Online