Business Services Industry
CHINA UNICOM'S NET PROFIT UP 37.8 PCT IN 2001.
AsiaPulse News, March, 2002
HONG KONG, March 28 Asia Pulse - China Unicom Limited, the second biggest mobile phone company in China, reported on March 27 that its net profit jumped 37.8 per cent year-on-year to 4.46 billion yuan (about US$539 million) in 2001.
Earnings per share went up 24.1 per cent to 0.36 yuan from 0.29 yuan in 2000.
Subscribers of GSM cellular amounted to 27.033 million at December 31, 2001, 111.7 per cent higher than 2000.
The market share in terms of GSM cellular subscribers in China Unicom's service areas increased from 22.7 per cent in 2000 to 28.5 per cent in 2001, and the market share in terms of net subscriber additions climbed up to 37.2 per cent last year.
Analysts said that the rapid growth in GSM subscribers was mainly attributable to...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
