Net profit of the three major operators fell in the first quarter, earning 357 million yuan a day!
China-Singapore Jingwei Client, April 23, China Telecom released its first-quarter performance report on the Hong Kong Stock Exchange. So far, the three major telecom operators' "transcripts" for the first quarter of 2020 have all been released. The calculation of the Sino-Singapore Jingwei client found that the three major operators made a total of about 32.488 billion yuan in the first quarter and a daily profit of about 357 million yuan, which was lower than the average daily average of 362 million yuan and 1.38 percentage points in 2019. Among them, China Mobile is still the "most profitable" operator, earning about 258 million yuan a day, accounting for up to 72.27%.
The data shows that the new crown pneumonia epidemic has a certain impact on the performance of the three major operators in the first quarter of 2020. The revenue of China Telecom and China Mobile declined slightly year-on-year, and China Unicom increased slightly.
In the first quarter, China Mobile's revenue was 181.3 billion yuan, a year-on-year decrease of 2.0%; China Telecom's revenue was 94.793 billion yuan, a year-on-year decrease of 1.4%; China Unicom's revenue was 73.824 billion yuan, an increase of 0.9% year-on-year. The revenue of the three major operators totaled 349.197 billion yuan.
In terms of net profit, the three major operators all declined year-on-year. The data shows that China Mobile's net profit was 23.5 billion yuan, down 0.8% year-on-year; China Telecom's net profit was 5.822 billion yuan, down 2.2% year-on-year; China Unicom's net profit was 3.166 billion yuan, down 13.9% year-on-year. The three major operators made a total of about 32.488 billion yuan in the first quarter and about 357 million yuan a day.
In terms of number of users, at the end of the first quarter, China Mobile ’s mobile customers decreased from 950 million at the end of the previous year to 946 million. The number of China Telecom ’s mobile users increased slightly by approximately 337 million, and China Unicom ’s mobile billing users decreased by 700 Ten thousand households are 311 million households. (Sino-Singapore Jingwei app)