China Unicom(SH:600050)2017-08-11 16:00Financial Performance - The net profit attributable to the parent company for the first half of 2017 is expected to increase by approximately 74.3% compared to the same period last year, reaching about 780 million RMB[1]. - The estimated total operating revenue for the first half of 2017 is approximately 138.2 billion RMB, a decrease of about 1.5% year-on-year[4]. - The main business revenue is expected to be around 124.1 billion RMB, reflecting a growth of approximately 3.2% year-on-year[3]. - Mobile service revenue is projected to be about 76.8 billion RMB, an increase of approximately 5.2% compared to the previous year[3]. - EBITDA for the first half of 2017 is expected to be around 43.7 billion RMB, up approximately 5.5% year-on-year, with an EBITDA margin of about 35.2%[4]. - Fixed-line broadband revenue is expected to remain flat at around 46.6 billion RMB due to intense market competition[3]. Market Challenges - The company anticipates significant financial pressure in the second half of 2017 due to the cancellation of domestic roaming long-distance fees starting September 1, 2017[4]. - The company will continue to implement its focused strategy to promote healthy development despite anticipated market challenges[4]. Cost Management - Sales expenses and terminal subsidies are expected to decrease compared to the previous year, contributing to improved profitability[4]. Data Validity - The financial data provided is preliminary and subject to confirmation in the official semi-annual report[5].