Gelonghui, March 22 | According to the Huachuang Securities Research Report, China Unicom (600050.SH)'s 2023 performance increased by double digits, and the level of cash dividends reached a record high. Benefiting from the high-quality development of basic business and the rapid growth of digital and intelligent computing services, the company is shifting to high-quality development by combining quantity and quality. Maintain a “Recommended” rating. The company focuses on promoting the coordinated development of the two main businesses to achieve effective improvement in quality and reasonable volume growth. Revenue grew steadily. The company's revenue was 372,597 billion yuan, up 4.97% year on year, and net profit to mother was 8.173 billion yuan, up 11.96% year on year. It achieved double digit growth for seven consecutive years. ROE hit a new high in recent years, reaching 5.1%, and the return on investment increased significantly. In 2024, the company plans to spend about 65 billion yuan in capital expenditure. Computing Network Digital Intelligence Investment will continue to be moderately ahead of schedule and speed up the layout.
研报掘金丨华创证券:中国联通年度业绩双位数增长,维持“推荐”评级
Research Nuggets丨Huachuang Securities: China Unicom's annual performance increased by double digits, maintaining a “recommended” rating
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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