CHINA UNICOM'S NET PROFITS IN Q1-Q3 GROWS 5.7% UP TO CNY 4BN
AsiaInfo Services, November, 2004
AsiaInfo Services 11-01-2004 China Unicom's Net Profits in Q1-Q3 Grows 5.7% Up to CNY 4bn HONG KONG, Nov 01, 2004 (SinoCast via COMTEX) -- China Unicom (HKSE: 0762, NYSE: CHU), the second largest mobile telecom carrier in China,posted its third-quarter results on October 28, 2004, reportinga 5.7% year-on-year growth in net profits in the first three quarters. In the first nine months, China Unicom's net profits increased from last year's CNY 3.78 billion (USD 1 = CNY 8.2770), or CNY 0.302 per share, up to CNY 4 billion, equal to CNY 0.319 per share.
At the same time, the company's operating revenue grew from CNY 49.55 billion a year ago up to CNY 59.21 billion. Previously, Everbright Securities Co., Ltd. forecasts that China Unicom would get net profits of...
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
Presented by American Express