China Unicom's Q3 Profit Rises About 8%; Revenue Up 3%

MT Newswires Live
2024-10-23

China United Network Communications' (SHA:600050) attributable profit rose 7.7% year over year to 2.30 billion yuan in the third quarter, according to a Wednesday filing with the Shanghai Stock Exchange.

EPS at the telecommunications company increased 8.8% year over year to 0.074 yuan.

Operating income grew 3.3% year over year to 92.8 billion yuan.

Shares rose over 1% during Wednesday's morning trading.

Price (RMB): ¥5.20, Change: ¥+0.060, Percent Change: +1.17%

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