Unicom surprises
Source: Bloomberg News |
August 25, 2011, Thursday
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Print Edition
Print Edition
CHINA Unicom (Hong Kong) Ltd yesterday reported second-quarter profit that beat analysts' estimates as the company signed up more users who surf the web with their phones.
Net income rose 50 percent to 2.48 billion yuan (US$389 million) in the three months ended June 30, from a restated 1.66 billion yuan a year earlier, it said in a statement. The profit exceeded the 969 million yuan average of four analysts' estimates compiled by Bloomberg News.
Net income rose 50 percent to 2.48 billion yuan (US$389 million) in the three months ended June 30, from a restated 1.66 billion yuan a year earlier, it said in a statement. The profit exceeded the 969 million yuan average of four analysts' estimates compiled by Bloomberg News.
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