China Unicom's first quarter net profit of 862 million yuan, an increase of 79.3%

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China Unicom's first quarter net profit of 862 million yuan, an increase of 79.3%

2017-04-21 19:10:58 108 ℃

China Unicom (00762.HK) issued a notice to disclose financial and operating data for the first quarter of 2017. Bulletin shows that in 2017 the first quarter revenue of 69 billion 5 million yuan, down by 1.9%; equity holders accounted for profit of RMB 862 million yuan, an increase of 79.3%. Finance, in the first quarter of 2017, China Unicom's revenue was 69 billion 5 million yuan, down by 1.9% over last year, service revenue of RMB 61 billion 426 million yuan, an increase of 2.4%, an increase of $6.6%;

Among them, the mobile service revenue was 37 billion 197 million yuan, an increase of 2.8%, an increase of; EBITDA was RMB 20 billion 975 million yuan, an increase of 5%, an increase of 18.2%. Profit attributable to shareholders of the company was 862 million yuan, an increase of 79.3% over the last quarter of, the company's equity holders accounted for a loss of RMB 963 million yuan significantly improved.

During the period of sales expenses of 8 billion 307 million yuan, compared with the same period last year fell by 4.2%. During the period of the tower related costs (including electricity) 5 billion 643 million yuan, up 17.6% over the same period last year, mainly due to the expansion of network scale brings the tower costs associated with growth, but due to the effective control of other network operations and support costs, and network operations and support costs decreased by 0.4% over the same period last year.

Business, the first quarter of 2017, mobile account subscribers increased by 2 million 443 thousand, reaching 266 million 265 thousand, mobile user ARPU account for 46.7 yuan, than last year the average increased slightly; the net increase of 18 million 175 thousand 4G users, 4G users reached 122 million 726 thousand, ARPU to 73.9 yuan; mobile services revenue reached 37 billion 197 million yuan. Rose 2.8% over the same period last year, up 5.1% over the fourth quarter of last year.

Fixed broadband subscribers reached 76 million 589 thousand, a net increase of more than the end of last year, 1 million 353 thousand, but the fixed line broadband access ARPU declined over the same period last year. Fixed line service revenue was 23 billion 813 million yuan, an increase of 2.5% over the same period last year, an increase of 7.5% over last year's fourth quarter. Overall service revenue was 61 billion 426 million yuan, an increase of 2.4% over the same period last year, an increase of 6.6% over last year's fourth quarter.

China Unicom said it will unswervingly promote the business model innovation and transformation, innovative use of resources, driving revenue continued to improve.

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