[China Mobile: Net profit in the first three quarters fell 7.9% year-on-year] On October 20, China Mobile (600941.SH) announced that its operating income in the third quarter was 242.3 billion yuan, a year-on-year decrease of 3.4%; the net profit attributable to shareholders of the parent company was 27.3 billion yuan, a year-on-year decrease of 12.2%. Operating income in the first three quarters was 780.3 billion yuan, a year-on-year decrease of 1.8%; net profit attributable to shareholders of the parent company was 106.2 billion yuan, a year-on-year decrease of 7.9%. The company has deeply implemented the strategy of "Strong Network Foundation and Full-stack Innovation" and made every effort to strengthen, optimize and expand communication services, computing power services, and intelligent services, and its operating performance has been generally stable. Xiaocai Note: The company’s Q3 net profit was 27.266 billion and Q2 net profit was 49.592 billion. Based on this calculation, Q3 net profit dropped 45% month-on-month.