According to the Zhitong Finance App, China Unicom (00762) announced that in the first three quarters of 2019, operating income was 217.12 billion yuan (RMB, same below), down 1.2% year on year; profit attributable to shareholders was 9.823 billion yuan, up 11.9% year on year.

According to the announcement, overall service revenue for the period was 198.532 billion yuan, down 0.7% from the same period last year, and the decline was moderated from -1.1% in the first half of this year. Industrial Internet business revenue was 24.291 billion yuan, up 40.8% year on year. EBITDA was 73.145 billion yuan, up 10.4% from the same period last year.

In the first three quarters of 2019, in the face of new challenges in industry development, the Group deepened implementation of innovation-focused cooperation strategies, accelerated the transformation of Internet-based operations, and promoted mixed reform in depth. The innovation business continued to grow rapidly, supporting overall service revenue to remain stable. Thanks to good cost control, the Group's net profit continued to increase significantly in the first three quarters of 2019.

In addition, the company's mobile billing users reached 325 million during this period; of these, 4G users reached 251 million.