Capital Structure and Information Infrastructure Overview
Cost Control Overview:
Maintained Good Cost Control
(RMB Mil)
Operating expenses
1H2022
1H2023
Change YoY
Major reasons / remarks
422,486
450,432
6.6%
中国移动
China Mobile
Network operation and
138,194
143,526
3.9%
support expenses
Accelerated construction and commissioning of new
information infrastructure, and increased investments to
support business transformation
Depreciation and
99,464
103,170
3.7%
amortisation
The scale of assets increased due to accelerated network
upgrades and business transformation
Employee benefit and
63,934
70,433
10.2%
related expenses
Selling expenses
26,182
26,835
2.5%
Cost of products sold
68,900
77,332
12.2%
.
Continued to adjust and optimise our employee structure;
increased efforts on recruitment and training of staff members
relating to digital-intelligent businesses
Enhanced online sales and service capabilities resulting from
accelerated transformation of sales channels; selling expenses
as a proportion of revenue continued to decline
Sales of mobile terminals grew rapidly
Other operating expenses
25,812
29,136
12.9%
Continuously developed and strengthened core capabilities;
the level of intelligent operation has significantly improved
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