China Unicom triples profit across 2017

China Unicom has released its financials for 2017 and it is looking like a money making machine again. Revenues were up marginally, profit tripled and free cash flow grew 1628% compared to the previous 12 months.
Total revenues for the years stood at $43.488 billion, a marginal 0.2% increase, with mobile service revenue increasing by 7.9%. The winner for improvement here though was net profit, standing at roughly $289 million, a 192% increase from 2016. This number may well have been higher if n