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General

China Unicom's revenue grows 6% in 2018

Wednesday 13 March 2019 | 17:13 CET | News
China Unicom posted service revenue of CNY 263.7 billion for 2018, which represents a 5.9 percent increase year-on-year. EBITDA amounted to CNY 84.9 billion, up by 4.3 percent. Profit jumped 458 percent year-on-year to CNY 10.2 billion. The full-year capital expenditure amounted to CNY 44.9 billion. Due to the growth in revenue and control in expenditure, China Unicom said it registered a record free cash flow of CNY 47.5 billion, up 10.7 percent from 2017. The company's board of directors recommended the payment of a final dividend of CNY 0.134 per share.

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Categories: General
Companies: China Unicom
Countries: China
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