Shares of Chinese telecom giant China Unicom surged 5.67% on Tuesday, as investors cheered the company's robust earnings growth and modest executive compensation.
According to the latest financial data, China Unicom has achieved an impressive 13% annual growth in earnings per share over the past three years. Moreover, the company maintained stable profit margins while delivering 2% revenue growth to CNY 378 billion in the last year, indicating a healthy combination of top-line expansion and cost control.
Another factor fueling investor confidence is China Unicom's CEO compensation package, which is relatively modest at CNY 1.1 million for 2023. This suggests that the company's leadership is closely aligned with shareholder interests and focused on delivering long-term value creation.
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