China Unicom forcost strong profit growth despite sales dip

China Unicom forcost strong profit growth despite sales dip

Due to intense competition in the broadband market but forecast net profit to have jumped 69 per cent to CNY2.4 billion $360 million.

China Telecom profit up 6%, adds 9 mln mobile subs in H1

China Telecom reported operating revenues of China Telecom 176.8 billion for the six months ended 30 June, which represents an increase of 7.2 percent year-on-year. Service revenues amounted to China Telecom  155.2 billion, up by 5.6 percent from the first half of 2015. First-half EBITDA reached China Telecom  50.5 billion, down 0.4 percent year-on-year, while the EBITDA margin stood at 32.6 percent. Profit reached CNY 11.6 billion, up by 6.3 percent year-on-year. Basic earnings per share were China Telecom 0.14.

Via

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