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CHINA UNICOM: 2022 Interim Results

CHINA UNICOM ·  2022/08/08 04:51

$CHINA UNICOM(00762.HK)$ achieved service revenue of RMB161.0 billion, representing a year-on-year increase of 8.3%, which was a new high for the same period in recent years. Profit attributable to equity shareholders of the Company reached RMB11.0 billion, representing a year-on-year increase of 19.5%. 

The Company achieved mobile service revenue of RMB84.9 billion, representing a year-on-year increase of 3.4%. Broadband access revenue reached RMB23.0 billion, representing a year-on-year increase of 4.3%. The number of broadband access subscribers recorded a net addition of 4.40 million, which was a new high for the same period in the past 10 years.

Industry Internet business revenue reached RMB36.9 billion, representing a year-on-year increase of 31.8%. It contributed to over 70% of the Company’s incremental revenue. Within that, Unicom Cloud revenue more than doubled and reached RMB18.7 billion, representing a year-onyear increase of 143.2%. 

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