The 20 10 interim report released by China Unicom yesterday shows that in the first half of this year, Unicom's revenue was 82 1. 1 billion yuan, although it increased by 7.6% year-on-year, its net profit was only 2.53 billion yuan, down by 6 1.8% year-on-year.
Among Unicom's revenue, mobile business revenue was 4105 million yuan, up 17.7% year-on-year, and communication service revenue was 39.09 billion yuan, up 14.3% year-on-year. However, the fixed-line business revenue was 40 1. 1 billion yuan, down 2.4% year-on-year. During the reporting period, * * * incurred expenses and other 78.84 billion yuan, up 65,438+06.5% year-on-year.
Tong, chief financial officer of Unicom, said that this performance was in line with expectations. As for the poor performance of net profit, the main reason is that 3G business is in the initial stage of operation, and the income can't make up for network operation and maintenance, asset depreciation and marketing costs. Tong also said that 3G business is growing rapidly, and the group will soon launch low-priced packages. It is estimated that 30 million new users will be added, and the ARPU value will be further enhanced. By the end of July, China Unicom's 3G subscribers had increased to 8.5 million, double the number at the beginning of the year.