Unicom reports 1Q results

30 Apr 2010

China Unicom recorded revenues of RMB40.42 billion (USD5.91 billion) in the three months ended 31 March 2010, up from RMB37.92 billion in the same quarter of 2009. Profit before tax was RMB1.48 billion, while net profit was RMB1.129 billion, down 68.3%. Unicom’s bottom line was affected by the expansion of its 3G networks and a rise in depreciation and amortisation.

China, China Unicom