China Tower (00788) achieved net profit of 10.817 billion yuan in the first three quarters, an increase of 24.2% year-on-year

Zhitongcaijing · 2d ago

Zhitong Finance App News, China Tower (00788) announced that in the first three quarters of 2026, the company's revenue reached RMB 71,999 billion, a year-on-year decrease of 3.1%. Among them, operator business revenue reached RMB 59.641 billion, down 6.0% year on year; Smart Link business revenue reached RMB 7.869 billion, up 10.9% year on year; and energy business revenue reached RMB 3.868 billion, up 13.0% year on year. The share of revenue from the two wings business increased to 16.3% from 14.2% in the same period last year. EBITDA reached RMB 44.828 billion, a year-on-year decrease of 12%; the EBITDA rate was 62.3%; and profit attributable to shareholders of the company was RMB 10.817 billion, an increase of 24.2% over the previous year.

As of September 30, 2026, the number of tower sites in the company was 2.184 million, and the number of tower tenants was 3.872 million, a net increase of 16,000 over the end of the previous year. The average number of tenants at tower stations was 1.77.