China Tower (HK:0788) has released an update.
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China Tower Corporation Limited reported a 3.3% increase in operating revenue for the first three quarters of 2024, reaching RMB72,452 million, with notable growth in its DAS and Smart Tower businesses. The company’s EBITDA rose 3.4% to RMB49,717 million, and profit attributable to owners surged by 11% to RMB8,153 million. These results indicate strong performance amid steady expansion in its core operations.
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