China Unicom Earns 93.4 Billion In The Third Quarter Profit Fell 11% Compared
China unicom (HK) announced last night 0762. The third quarterly results show that by the end of September, China unicom quarter before realizing 1149.3 billion yuan, net income 93.4 billion yuan, the profit for the year 119.3% last year. However, China unicom third quarter net quarter fell by 11%. Jpmorgan chase securities that quarter unicom will appear by stages, and the iPhone 3G network officially launched in commercial will be in the fourth quarter that unicom 3G network rapid growth, may boost confidence. Earlier, China telecom and China mobile released three quarter before “a liter of a” situation. Moving from overall profits realized 1.8% growth of economic environment, turn the second-quarter profit after the market situation, back in the thought movement will appear in the second quarter, but due to the economic recovery has certain hysteresis and so on three saw profit rose. According to three operators (red), the third quarter, China mobile's income growth will no longer remain 20% to 30%, but even more profit growth, 8.9% to 1.8%. China telecom is the 34% appeared declining profits. In addition, telecom industry restructuring allows the entire business competition, the three companies were fully competitive market is facing unprecedented pressure.
