Global EditionASIA 中文双语Français
Business
Home / Business / Companies

China Unicom net profit rises 24.38% in first three quarters

Xinhua | Updated: 2019-10-22 15:11
A customer uses her mobile phone outside an outlet of China Unicom in Yuncheng, Shanxi province. [Photo/Xinhua]

BEIJING - China Unicom, one of the country's leading telecom giants, reported a 24.38-percent surge in net profit in the first three quarters due to effective cost management.

The telecom giant made 4.32 billion yuan (about $610.47 million) of net profit in the first nine months, according to a statement filed to the Shanghai Stock Exchange Monday night.

Business revenues dipped 1.18 percent to 217.12 billion yuan in the reporting period, it said.

The company's 4G users increased by 31.22 million in the January-September period, bringing the total number to 251 million.

Facing new challenges in the industry, the company has boosted innovative cooperation and accelerated internet-based operation, the statement said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US