China Unicom (Hong Kong) ( (HK:0762) ) has provided an announcement.
China Unicom reported a steady growth in operating revenue to RMB389.6 billion, a 4.6% increase year-on-year, and a 10.1% rise in profit attributable to equity shareholders. The company achieved a record number of mobile and broadband subscribers, reaching 470 million, and expanded its IoT connections to over 620 million. The dividend payout ratio increased to 60%, reflecting a commitment to shareholder returns. The company also saw significant growth in its CDSA business, with Unicom Cloud revenue increasing by 17.1% and intelligent computing services driving strong growth in computing power services.
More about China Unicom (Hong Kong)
China Unicom (Hong Kong) operates in the telecommunications industry, focusing on Connectivity and Communications (CC) and Computing and Digital Smart Applications (CDSA). The company provides services such as mobile and broadband connectivity, Internet of Things (IoT) solutions, and cloud computing, with a significant market presence in China.
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