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China Tower Reveals Updated Board and Committee Members
China Tower Approves Dividend and Director Appointment
China Tower (00788) will distribute a mid-term dividend of 0.0109 yuan per share on November 29.
China Tower (00788) announced that the company will distribute an interim dividend of RMB per share on November 29, 2024...
China Tower (00788): Zhang Wei appointed as an independent non-executive director.
China Tower (00788) announced that the extraordinary general meeting of shareholders has approved the appointment of Zhang Wei as an independent non-executive director, with a term starting from...
CHINA TOWER: Poll Results of the First Extraordinary General Meeting of 2024, Payment of the Interim Dividend, Appointment of Independent Non-executive Director and Change in the Composition of Board Committees
[Brokerage Focus] Debon Securities first rated China Tower (00788) as a "buy" rating, pointing out that the two "wings" of the business continue to grow and the future space is gradually opening up.
Jinwu Finance | Debang Securities issued a research report stating that China Tower (00788) achieved revenue of 48.247 billion yuan in H1 2024, a year-on-year increase of 3.8%. Among them, the revenue from operator business was 42.121 billion yuan, a year-on-year increase of 3.0%; the revenue from "two-wing" business was 6.005 billion yuan, accounting for 12.4% of the revenue, an increase of 0.9 percentage points compared to the same period last year. The company's profitability continues to strengthen. In H1 2024, EBITDA reached 33.045 billion yuan, a year-on-year increase of 3.2%; net income attributable to shareholders was 5.33 billion yuan, a year-on-year increase of 10.1%. The cash flow level is significant.
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