China Unicom's Q1 profit jumps 79%

Friday 21 April 2017 | 13:53 CET | News
China Unicom reported service revenue of CNY 61.4 billion for the first quarter of 2017, which represents an increase of 2.4 percent year-on-year and 6.6 percent quarter-on-quarter. Mobile service revenue amounted to CNY 37.1 billion, up 2.8 percent year-on-year. EBITDA amounted to CNY 20.9 billion, up 5 percent year-on-year. Profit reached CNY 862 million, up by 79.3 percent year-on-year, and compared to a loss of CNY 963 million in the fourth quarter of 2016.

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Categories: Mobile & Wireless
Companies: China Unicom / Unicom
Countries: China
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