Monday, December 30, 2019 8:15:34 AM
PT Latest News:
Unicompay is the telecom operator's third-party payment platform that runs "WO Wallet" and is committed to offering convenient and efficient payment solutions. As one of the largest telecom companies in China, China Unicom boasts 320 million mobile billing subscribers as of June 30, 2019.
Jointly developed with Pintec, the digital handset financing solution allows customers to buy mobile phones online and offline with zero or limited down payment, improving payment flexibility and access to financing.
China Unicom going forward:
China Unicom’s Total Revenue has grown 7% from $41 billion in 2016 to almost $44 billion in 2018 and is expected to grow 7.5% to over $47 billion in 2 years
Revenue growth of about $3.5 billion over two years to be driven by $3 billion increase in Mobile Services & Phones and $0.5 billion increase in the Wireline Services Revenues.
https://www.forbes.com/sites/greatspeculations/2019/10/16/china-unicoms-revenues-should-trend-steadily-higher-driven-by-wireless-business/#2d0087df1a9a
PT is already profitable and growing.
Trailing 9 months:
-Total revenues US$108.6 million
-Gross profit increased by 26.3% to US$66.3 million
-Operating profit increased by 52.1% to US$18.3 million
-Net income increased by 631% US$16.1million
Run the numbers, massive CU mobile growth, should be a winner in 2020 imo.
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM