China Unicom's 2022 mid-year financial report: total revenue of 176.26 billion, net profit exceeded 10 billion for the first time!


2022-08-08: [Chinese Article Link Today, China Connect has released a welcome semi-annual financial report, the first since China Connect's change of command. In the first half of 2022, China achieved 17,626 billion yuan in operating income, an increase of 7.4 per cent in the same year; in the first half of 2022, the net profit of the company was 10.96 billion yuan, an increase of 1.79 billion yuan in the same year. The basic profit per share was 0.358 Yuan, an increase of 19.5 per cent in the same year; in the first half of 2022, the company EBITDA was 51.41 billion yuan, an increase of 3.9 per cent in the same year, and EBITDA as a percentage of service income was 31.9 per cent, a decrease of 1.4 percentage points in the same year. The financial statements show that the main increase in revenues came from the “Industry Internet”, an increase of $8.9 billion over the same period in the previous year, accounting for 23 per cent of the income from the main business. END Author: Mayan Xin Entitled / Layout: Shen Xinsheng Audit: Shin Ching Producer Liu Qicheng


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.




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China Unicom's 2022 mid-year financial report: total revenue of 176.26 billion, net profit exceeded 10 billion for the first time!


2022-08-08: [Article Link Today, China Connect has released a welcome semi-annual financial report, the first since China Connect's change of command. In the first half of 2022, China achieved 17,626 billion yuan in operating income, an increase of 7.4 per cent in the same year; in the first half of 2022, the net profit of the company was 10.96 billion yuan, an increase of 1.79 billion yuan in the same year. The basic profit per share was 0.358 Yuan, an increase of 19.5 per cent in the same year; in the first half of 2022, the company EBITDA was 51.41 billion yuan, an increase of 3.9 per cent in the same year, and EBITDA as a percentage of service income was 31.9 per cent, a decrease of 1.4 percentage points in the same year. The financial statements show that the main increase in revenues came from the “Industry Internet”, an increase of $8.9 billion over the same period in the previous year, accounting for 23 per cent of the income from the main business. END Author: Mayan Xin Entitled / Layout: Shen Xinsheng Audit: Shin Ching Producer Liu Qicheng

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

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