China Unicom Reports Strong Growth and Dividend Hike
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China Unicom Reports Strong Growth and Dividend Hike

China Unicom (Hong Kong) (DE:XCI) has released an update.

China Unicom (Hong Kong) reports a robust first half of 2024 with a 2.9% increase in operating revenue to RMB197.3 billion and an 11.3% rise in profit attributable to equity shareholders, reaching RMB13.8 billion. Capital expenditure decreased by 13.4% to RMB23.9 billion, indicating efficient cost management. The company also announced a generous 22.2% year-on-year increase in interim dividend to RMB0.2481 per share, emphasizing its commitment to enhancing shareholder returns.

For further insights into DE:XCI stock, check out TipRanks’ Stock Analysis page.

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