China Unicom's net profit in the first three quarters was 17.246 billion yuan, a year-on-year increase of 10.1%

According to news from this site on October 24, China Unicom released the latest data on the Hong Kong Stock Exchange. EBITDA1 in the first three quarters of 2023 was 78.819 billion yuan, an increase of 2.7% over the same period last year.

In addition, China Unicom’s profit attributable to equity holders in the first three quarters was RMB 17.246 billion, an increase of 10.1% over the same period last year.

China Unicom also stated that operating income was 281.693 billion yuan, an increase of 6.7% over the same period last year; service income was 252.5 billion yuan, an increase of 5.4% year-on-year.

This site attaches the data of China Mobile and China Telecom for the same period:

• China Mobile’s operations in the first three quarters Revenue was 775.6 billion yuan, a year-on-year increase of 7.2%; EBITDA was 268.5 billion yuan, a year-on-year increase of 6.7%; profit attributable to shareholders was 105.5 billion yuan, a year-on-year increase of 7.1%; the number of mobile customers was 990 million, of which the number of 5G package customers was 750 million households; the number of wired broadband customers was 295 million.

• China Telecom’s operating income in the first three quarters was 381.103 billion yuan, an increase of 6.5% over the same period last year, of which service revenue was 349.743 billion yuan, an increase of 6.4% over the same period last year. Net profit attributable to the parent company was 27.101 billion yuan, an increase of 10.4% over the same period last year; net profit after deducting non-profit was 27.212 billion yuan, an increase of 10.7% over the same period last year; basic earnings per share was RMB 0.30.

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