China United Network Communications Limited’s Net Profit Rose 15.5% in 2022

China United Network Communications Limited (中国联合网络通信股份有限公司) (600050.SH) reported a net profit of 16.7 billion yuan in 2022, up 15.5% year-on-year.

Meanwhile, the company posted 354.9 billion yuan in revenue, up 8.3% year-on-year.

At the end of the reporting period, it had 644.7 billion yuan in total assets and 297.4 billion yuan in total liabilities, with a liability-to-asset ratio of 46.1%.