China Unicom (762) Q3 2026 earnings summary

Executive summary

• Focused on connectivity, computing power, services and security while accelerating transformation toward integrated digital and intelligent services.

• First 9M 2026 operating revenue rose 0.6% YoY to RMB 294.6bn; profit attributable to equity shareholders fell 33.6% to RMB 13.3bn.

Financial highlights

• Service revenue was RMB 260.9bn vs RMB 261.6bn in 9M 2025; telecommunications product sales were RMB 33.8bn vs RMB 31.3bn.

• Profit before income tax was RMB 16.2bn vs RMB 24.7bn; profit for the period was RMB 13.3bn vs RMB 20.0bn.

• Employee benefit expenses rose to RMB 50.8bn from RMB 42.7bn; depreciation and amortisation declined to RMB 59.8bn from RMB 60.5bn.

Outlook and guidance

• Positioned technological innovation as a core development priority amid AI's transition from technology to an industry growth driver; aims to create value for shareholders, customers and society.

• Forward-looking statements are subject to known and unknown risks and actual performance may differ materially; no intention to update these statements.