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China - China Mobile (Hong Kong) net profit rises.

Asia Africa Intelligence Wire

| April 21, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From RDSL Asia/Africa)

China Mobile (Hong Kong), wireless operator, had Yuan9.39 bil net profit in 1st-qtr 2004, up 4.6% from Yuan8.98 bil in the year-earlier period. The net profit matched analysts' forecasts. The company saw slower growth since most new customers were lower spenders. The EBITDA margins were 57.6%, up from 55.8% in …

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