China Unicom earns 13.8 billion in the mid-term, an increase of 11.3%

China Unicom (762) achieved a net profit of 13.8 billion yuan in the first half of the year, an increase of 11.3% year-on-year. Operating income increased to 197.3 billion yuan, a year-on-year increase of 2.9%, with EBITDA reaching 55 billion yuan, up 2.7% year-on-year. The company distributed a mid-year dividend of 0.2481 yuan per share, up 22.2%. Despite a decrease in net cash flow from operating activities, capital expenditures amounted to 23.9 billion yuan, a decrease of 13.4% year-on-year. The performance of international business improved, with a total user base exceeding 1 billion, including 340 million mobile users, over 560 million IoT connections, and a 5G package user penetration rate exceeding 80%