China United Network Communications Limited’s Net Profit Rose 14.2% in First Half of 2023

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 12.5 billion yuan in the first half of 2023, up 14.2% year-on-year.

Meanwhile, the company posted 191.8 billion yuan in revenue, up 8.8% year-on-year.

At the end of the reporting period, it had 660.3 billion yuan in total assets and 302.8 billion yuan in total liabilities, with a liability-to-asset ratio of 45.9%.