Date
21 October 2018

China Unicom Jan-Sept net profit up 53.6%, filing says

China Unicom (Hong Kong) Ltd. (00762.HK) said on Thursday that its net profit for the nine months to September stood at 8.37 billion yuan (US$1.38 billion), up 53.6 percent compared to the same period last year. Revenue was 220.17 billion yuan, representing a growth of 18.9 percent over the year-earlier period, it said in a regulatory filing. Of the total revenue, service revenue amounted to 177.38 billion yuan, up 13.6 percent from a year ago. The average revenue per user (ARPU) per month was 48.6 yuan for the mobile business in the nine months. The company said its 3G subscribers were up 35.17 million during the period to bring the total to 111.63 mln as of end-September.

– Contact HKEJ at [email protected]

EL/AC/RC

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