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Goldman Sachs Expects China Mobile Net Profit to Rise by 8%.
(From SinoCast China Business Daily News)
BEIJING, March 14, SinoCast -- China Mobile's net profit for last year is expected to rise by 8 percent, to CNY 38.4 billion, which is lower than the market expectation CNY 40.2 billion, the securities firm Goldman Sachs predicated.
Goldman Sachs also expects China Mobile's the earnings per share last year would increase to CNY 1.95, and its turnover would increase by 17.4 percent, to CNY 186.2 billion.
China Mobile share outperformed other telecom shares in the past month, because the market hoped that China …
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