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Research Reports Mining丨Sinolink: China United Network Communications shows steady growth in performance, maintaining a 'Buy' rating.
On April 18, Gelonghui reported that Sinolink's Research Reports pointed out that China United Network Communications (600050.SH) achieved revenue of 103.35 billion yuan in the first quarter of 2025, which is a year-on-year increase of 3.9%; net income attributable to the parent company reached 2.61 billion yuan, up 6.5% year-on-year. In 2025, the company will focus on two main businesses: connected communications and intelligent computing. Connected communications serve as the company's foundation, achieving steady improvement. Meanwhile, the company accelerates the research and application of the new generation of mobile communications, engaging in the formulation of 6G standards, technology research and development, and testing validation to prepare for the development of the 6G industry and the sustained growth of future performance. In addition,
China United Network Communications (600050): Steady growth in performance, expanding and enhancing network intelligence.
Performance Review on April 17, 2025, the company released the Q1 report for 2025. In the first quarter of 2025, the company achieved a revenue of 103.35 billion yuan, a year-on-year increase of 3.9%; achieving a net profit attributable to the parent company.
China Unicom (Hong Kong) Logs Nearly 204 Million 5G Subscribers in Q1
China United Network Communications (600050): Expanding intelligent computing capacity and improving quality to promote new development.
Event: Recently, China United Network Communications released the Q1 2025 performance report, achieving revenue of 103.354 billion yuan / +3.9%, with a gross margin of 25.1%, R&D expenses reaching 1.471 billion yuan / +6.65%, total profit.
China United Network Communications (600050): Growth rate is leading the CSI Leading Industry Index, IDC is accelerating growth.
Investment highlights: Q1 growth outpacing the CSI Leading Industry Index, achieving strong growth for the year. In the first quarter of 2025, the company continued its stable Operation, achieving revenue of 103.35 billion yuan, a year-on-year increase of 3.9%, with service income of 908.8 million yuan.
China Unicom: China United Network Communications Co., Ltd. Report for the First Quarter of 2025