China Unicon likely to post 1H01 net profits of CNY2.34 billion

China Unicom (0762) likely to post 1H01 net profits of CNY2.34 billion, 13. 6 times higher than 1H00's net profit of CNY171.2 million, according to Dow Jones poll of 9 analysts. Forecasts range from ABN AMRO's CNY1.85 billion to Nomura Securities' CNY2.92 billion. ARPU, however, likely fell 39% on-year to CNY84 from CNY138 in 1H00, says Merrill Lynch's Agnes Ho. Ho expects prepaid ARPU to drop to CNY65 while postpaid ARPU is expected to fall to CNY102 in the

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