China Unicom (Hong Kong) Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	392,451	389,589	372,597	354,944	327,854	303,838
Revenue Growth (YoY)	3.00%	4.56%	4.97%	8.26%	7.90%	4.59%
Cost of Revenue	173,298	172,436	161,199	154,798	148,365	133,920
Gross Profit	219,153	217,153	211,398	200,146	179,489	169,918
Selling, General & Admin	16,053	13,296	12,327	11,731	9,863	9,460
Other Operating Expenses	107,259	107,259	98,078	87,364	69,557	63,954
Operating Expenses	203,957	203,947	195,252	185,924	165,072	156,431
Operating Income	15,196	13,206	16,146	14,222	14,417	13,487
Interest Expense	-1,324	-1,740	-1,981	-1,060	-1,303	-1,612
Interest & Investment Income	2,400	2,522	2,688	2,334	2,244	1,750
Earnings From Equity Investments	4,047	4,073	4,322	3,746	3,310	2,375
Currency Exchange Gain (Loss)	-26	-26	55	15	-8	-46
Other Non Operating Income (Expenses)	3,250	4,326	2,768	3,117	3,040	2,197
EBT Excluding Unusual Items	23,543	22,361	23,998	22,374	21,700	18,151
Gain (Loss) on Sale of Investments	66	66	128	96	-24	241
Gain (Loss) on Sale of Assets	2,827	2,827	-1,181	-1,882	-3,749	-2,365
Pretax Income	26,436	25,254	22,945	20,588	17,927	16,027
Income Tax Expense	4,749	4,521	4,023	3,751	3,420	3,450
Earnings From Continuing Operations	21,687	20,733	18,922	16,837	14,507	12,577
Minority Interest in Earnings	-104	-120	-196	-92	-139	-84
Net Income	21,583	20,613	18,726	16,745	14,368	12,493
Net Income to Common	21,583	20,613	18,726	16,745	14,368	12,493
Net Income Growth	5.23%	10.08%	11.83%	16.54%	15.01%	10.27%
Shares Outstanding (Basic)	30,598	30,598	30,598	30,598	30,598	30,598
Shares Outstanding (Diluted)	30,598	30,598	30,598	30,598	30,598	30,598
EPS (Basic)	0.71	0.67	0.61	0.55	0.47	0.41
EPS (Diluted)	0.71	0.67	0.61	0.55	0.47	0.41
EPS Growth	-	10.08%	11.88%	16.49%	15.01%	10.35%
Free Cash Flow	-	13,662	23,016	28,067	38,589	46,895
Free Cash Flow Per Share	-	0.45	0.75	0.92	1.26	1.53
Dividend Per Share	0.440	0.404	0.337	0.274	0.216	0.164
Dividend Growth	15.35%	20.11%	22.85%	26.85%	31.71%	10.81%
Gross Margin	55.84%	55.74%	56.74%	56.39%	54.75%	55.92%
Operating Margin	3.87%	3.39%	4.33%	4.01%	4.40%	4.44%
Profit Margin	5.50%	5.29%	5.03%	4.72%	4.38%	4.11%
Free Cash Flow Margin	-	3.51%	6.18%	7.91%	11.77%	15.43%
EBITDA	80,218	79,494	84,122	83,984	83,852	79,596
EBITDA Margin	20.44%	20.40%	22.58%	23.66%	25.58%	26.20%
D&A For EBITDA	65,022	66,288	67,976	69,762	69,435	66,109
EBIT	15,196	13,206	16,146	14,222	14,417	13,487
EBIT Margin	3.87%	3.39%	4.33%	4.01%	4.40%	4.44%
Effective Tax Rate	17.96%	17.90%	17.53%	18.22%	19.08%	21.53%
Advertising Expenses	-	2,069	2,130	2,717	2,682	2,723

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.