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Tag: unicoms

China Unicom's 9-month profit jumps nearly 12% on cost control

2019-10-22 11:12:00| Telecompaper Headlines

(Telecompaper) China Unicom posted service revenue of CNY 198.53 billion for the first nine months of 2019, which represents a decline of 0.7 percent year-on-year. EBITDA amounted to CNY 73.14 billion, up by 10.4 percent year-on-year, while profit jumped 11.9 percent year-on-year to RMB 9.82 billion, boosted by effective cost control, the company said.

Tags: control china cost profit

China Unicom's H1 profit rises 55%

2013-08-09 03:49:00| Telecompaper Headlines

(Telecompaper) China Unicom saw its first half net profit jump by 55 percent to CNY 5.32 billion from CNY 3.43 billion a year earlier. EBITDA totalled CNY 42.18 billion, up 17 percent, and EBITDA margin of service revenues by 1 percentage point to 36.2 percent. Operating revenues grew 18.6 percent to CNY 144.31 billion, with service revenues going up 13.8 percent to CNY 116.48 billion. Mobile contributed CNY 72.85 billion to service revenues, up 20.5 percent, and fixed service revenues were CNY 43.25 billion, up 4.2 percent year-on-year. China Unicom said that its 3G services went up by 52.1 percent year-on-year to CNY 40.91 billion and the 3G proportion of mobile service revenues reached 56.2 percent. The company had more than 100 million 3G subscribers, or 38.2 percent of its mobile customer base. China Unicom also said that broadband service revenues grew 10.4 percent to CNY 22.58 billion and its contribution to fixed-line service revenues exceeded 50 percent. The number of broadband subscribers grew to 62.58 million.

Tags: china profit rises unicoms

China Unicom's Q1 profit jumps 89%

2013-04-26 04:21:00| Telecompaper Headlines

(Telecompaper) China Unicom's first quarter revenues grew by 15.4 percent to CNY 70.60 billion from CNY 61.19 billion a year earlier, with service revenues totalling CNY 57.06 billion, up by 14.2 percent. Mobile service revenues were CNY 35.24 billion, up by 20.4 percent. China Unicom added 11.40 million new mobile customers in the quarter to bring its total mobile base to 250.71 million. 3G service revenues were CNY 19.23 billion and 3G net adds reached 11.36 million to bring the total number of 3G subscribers to 87.82 million. Fixed-line service revenues were CNY 21.66 billion, up by 5.4 percent with broadband generating CNY 11.21 billion, growing by 11 percent year-on-year. China Unicom added 2.37 million new broadband customers in the quarter to bring the total to 60.91 million. EBITDA went up by 18 percent to CNY 20.22 billion and EBITDA margin rose by 1.2 percentage points to 35.4 percent. Profit for Q1 was CNY 1.90 billion, up 88.5 percent from CNY 1.01 billion a year earlier.

Tags: china profit jumps unicoms

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