Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
China Unicom (Hong Kong) ( (HK:0762) ) has provided an update.
In the first half of the year, China Unicom (Hong Kong) reported steady growth with operating revenue exceeding RMB200 billion, a 1.5% increase year-on-year. Profit before income tax rose by 5.1% to RMB17.8 billion. The company optimized its business structure, with significant contributions from connectivity, communications, and digital smart applications. International business revenue increased by 11%, and strategic emerging businesses now account for 86% of revenue, driving high-quality development. The company announced an interim dividend of RMB0.2841 per share, reflecting a 14.5% increase, emphasizing its commitment to shareholder returns.
The most recent analyst rating on (HK:0762) stock is a Buy with a HK$7.70 price target. To see the full list of analyst forecasts on China Unicom (Hong Kong) stock, see the HK:0762 Stock Forecast page.
More about China Unicom (Hong Kong)
China Unicom (Hong Kong) operates in the telecommunications industry, offering services in connectivity, communications, computing, and digital smart applications. The company focuses on strategic emerging businesses and international markets, contributing significantly to its revenue growth.
Average Trading Volume: 43,922,273
Current Market Cap: HK$309.3B
For detailed information about 0762 stock, go to TipRanks’ Stock Analysis page.