Tencent Technology News, April 23 news, China Unicom announced on the Hong Kong Stock Exchange that the first quarter of 2019 net profit of 3.68 billion yuan, an increase of 22.3%.
The main unaudited financial data for the period are as follows:
— Overall service revenue was RMB 66.802 billion, an increase of 0.3% over the same period last year.
— EBITDA was RMB 25.12 billion, an increase of 4.6% over the same period last year.
— The profit attributable to equity holders of the Company was RMB 3.675 billion, an increase of 22.3% over the same period last year.
In the first quarter of 2019, the number of mobile users increased by 8.1 million to 323 million, of which 4G users increased by 10.52 million to 230 million. Affected by the cancellation of mobile phone “roaming” fees and increased market competition since July last year, mobile service revenue in the first quarter of 2019 decreased by 5.2% year-on-year to RMB 39.373 billion. The mobile posting user ARPU was RMB 41.2, down from the same period last year.