"Performance" China Tower's net profit in the first quarter is 3.985 billion RMB, an increase of 31.8%
China Tower (00788.HK) announced its first-quarter results, with operating revenue of RMB 25.146 billion, an increase of 1.5% year-on-year. It recorded a net profit of RMB 3.985 billion, a growth of 31.8%. During the quarter, EBITDA reached RMB 15.366 billion, a decrease of 11.2%; EBITDA margin was 61.1%.
As of March, the number of tower sites reached 2.16 million, with tower tenants totaling 3.872 million, a net increase of 16,000 compared to the beginning of the year
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