---
title: "CHINA TOWER: Full-yr Payout Ratio No Lower Than 2025's 77%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295597649.md"
description: "China Tower reported a 30.1% YoY increase in H1 net profit to RMB7.489 billion, despite a 1.8% revenue drop attributed to phased lease withdrawals and network construction by China Telecom and China Unicom. The company declared an interim dividend of HKD0.2209 per share. Chairman Zhang Zhiyong confirmed the full-year payout ratio will remain at least 77%, consistent with 2025 levels, while maintaining an active dividend policy focused on high-quality development and capital structure."
datetime: "2026-08-12T01:21:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295597649.md)
  - [en](https://longbridge.com/en/news/295597649.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295597649.md)
generator: "portal-rs"
---

# CHINA TOWER: Full-yr Payout Ratio No Lower Than 2025's 77%

CHINA TOWER (00788.HK) -0.020 (-0.206%) Short selling $35.20M; Ratio 27.171% reported net profit of RMB7.489 billion for 1H, up 30.1% YoY. It declared an interim DPS of RMB0.19122 (equivalent to HKD0.220901), compared with RMB0.1325 (equivalent to HKD0.145533) in the same period of the previous financial year.

Executive Director and Chairman Zhang Zhiyong said the full-year payout ratio will be no lower than last year's 77%. In future, the company will continue to maintain an active dividend policy based on considerations including the company's high-quality development, debt structure and capital expenditure.

He also mentioned that the company's revenue for 1H dropped 1.8% YoY, which he considered a phased result mainly affected by lease withdrawals and simplified site renovation arising from the 4G unified network construction by CHINA TELECOM (00728.HK) +0.010 (+0.219%) Short selling $16.46M; Ratio 7.106% and CHINA UNICOM (00762.HK) 0.000 (0.000%) Short selling $14.78M; Ratio 8.573% . The related impact was expected to end this year or next.  
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-08-11 16:25.)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**