Apr 27, 2021 (China Knowledge) - China Unicom, (0762) one of the country's leading telecom giants, reported a 21.2% rise in net profit in the first quarter of 2021 amid efforts to push digital transformation and high-quality growth.
According to a statement filed with the Shanghai Stock Exchange, China Unicom’s net profit attributable to the parent company exceeded RMB 1.69 bln. Meanwhile, its business revenues rose 8.2% to RMB 73.92 bln.
The statement also said that China Unicom has put in place 5G network coverage in all Chinese cities and its 5G users increased by 21.02 mln in Q1, bringing the total number to 91.85 mln.
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