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An update from China Tower ( (HK:0788) ) is now available.
China Tower Corporation Limited reported a 3.3% increase in operating revenue for the first quarter of 2025, reaching RMB24,771 million. The company’s EBITDA rose by 4.2% to RMB17,295 million, and profit attributable to owners increased by 8.6% to RMB3,024 million. The revenue growth was driven by significant increases in the DAS, Smart Tower, and Energy business segments, despite a slight decline in the Tower business revenue. The company’s financial performance indicates a strong market position and potential for continued growth in its diversified business segments.
More about China Tower
China Tower Corporation Limited is a joint stock company incorporated in the People’s Republic of China, operating in the telecommunications infrastructure industry. The company primarily provides tower infrastructure services, including tower site leasing and maintenance, indoor distributed antenna systems (DAS), and smart tower solutions. It also has a growing focus on energy business services.
YTD Price Performance: -5.07%
Average Trading Volume: 3,990
Technical Sentiment Signal: Sell
Current Market Cap: $22.99B
For an in-depth examination of 0788 stock, go to TipRanks’ Stock Analysis page.