China Unicom profits more than doubled
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China Unicom, for the 12 months ended Dec. 31, realized a profit of RMB 9.3 billion, up from last year's RMB 3.8 billion. The figure beats analysts' forecast of RMB 7.61 billion in a survey conducted by Dow Jones Newswires.
Revenue increased 4.4% to RMB 995.4 billion from RMB 95.35 billion of the previous year.
It recommended a final dividend of RMB 0.2 a piece, up from RMB 0.18 a year earlier.
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