China Unicom (00762) said its profit attributable to equity shareholders for the three months ended 31 March 2014 rose 73.88% year-on-year to Rmb3,302 million.
Its basic and diluted earnings per share were Rmb14 cents.
The revenue was Rmb76,471 million, an increase of 8.3% from a year earlier. Out of total revenue, service revenue was Rmb63.8 billion, up 11.8% as compared to the same period of last year.
EBITDA amounted to Rmb24 billion for the first quarter of 2014, up 18.7% from a year earlier. EBIDTA as a percentage of service revenue was 37.6% for the first quarter of 2014, up 2.2 percentage points year-on-year.
For the first quarter of 2014, service revenue from the mobile business was Rmb40.68 billion, up 15.4% year-on-year. The net addition of mobile subscribers was 8.71 million for the first quarter of 2014 and the number of mobile subscribers reached 289.693 million as at 31 March 2014. The average revenue per user per month (ARPU) was Rmb47.6 for mobile business.
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