中国联通(00762) - 2022 Q3 - 季度财报

Financial Performance - For the first three quarters of 2022, the company's operating revenue reached RMB 263.978 billion, an increase of 8.0% year-on-year[2]. - Service revenue amounted to RMB 239.654 billion, up 7.8% compared to the same period last year[3]. - The company's profit attributable to equity holders was RMB 15.667 billion, reflecting a year-on-year increase of 21.2%[4]. - EBITDA for the period was RMB 76.735 billion, representing a 1.9% increase from the previous year[2]. - The industrial internet business generated revenue of RMB 53.150 billion, a significant increase of 29.9% year-on-year, accounting for 22.2% of service revenue[4]. - The company's cloud services revenue was RMB 26.870 billion, a substantial increase of 142.0% year-on-year[6]. - Internet of Things (IoT) business revenue reached RMB 6.168 billion, with a year-on-year growth of 35.6%[5]. - The total number of users reached 842 million, with 5G package users reaching 201 million, driving mobile service revenue to RMB 127.356 billion, a 3.3% increase year-on-year[5]. Cost and Expense Management - In the first three quarters of 2022, the group's network, operation, and support costs increased by 6.1% compared to the same period last year, primarily due to the expansion of network and related infrastructure[7]. - Employee compensation and benefits expenses rose by 5.6% year-on-year, reflecting the group's ongoing reform of incentive mechanisms and the introduction of innovative talent[7]. - Sales expenses increased by 6.8% compared to the previous year, although the growth rate was lower than that of service revenue[7]. - Other operating and management expenses surged by 28.8% year-on-year, mainly due to increased investment in information communication services and technical support[7]. Strategic Focus - The company is focusing on digital economy strategies, enhancing network quality, and improving customer service efficiency[4]. - The group aims to enhance its core strategic capabilities and create greater value for shareholders, customers, and society by implementing the "1+9+3" strategic planning system[7]. Cautionary Statements - The company emphasizes the importance of a cautious approach to financial and business data, which has not been reviewed or audited by external auditors[8]. - The company will not update any forward-looking statements, which may involve known and unknown risks and uncertainties[9].