China Mobile says profit rose 0.2 pct last year, matching estimates

Sijia Jiang

HONG KONG, March 23 (Reuters) - China's largest

telecommunications network operator China Mobile Ltd

on Thursday reported a 0.2 percent rise in profit for last year,

in line with analyst estimates, and said it had raised its

dividend payout ratio to 46 percent.

Profit was 108.7 billion yuan ($15.78 billion), compared

with the 108.02 billion yuan average of 23 analyst estimates in

a Thomson Reuters poll.

Revenue rose 6 percent to 708.4 billion yuan, versus an

analyst estimate of 714.59 billion yuan.

The telco declared a final dividend of HK$1.243 per share,

up from HK$1.196 a year earlier.

($1 = 6.89 Chinese yuan renminbi)

(Reporting by Sijia Jiang; Editing by Christopher Cushing)