China Tower (00788) announced its interim performance with a net profit attributable to shareholders of 5.757 billion yuan, a year-on-year increase of 8.0%. The proportion of revenue from its two wings business exceeded 14%.

date
05/08/2025
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GMT Eight
China Tower Corporation (00788) announced its interim financial results ending on June 30, 2025, with the group's operating income maintaining...
CHINA TOWER (00788) announced its interim results for the period ending June 30, 2025. The group's operating revenue maintained stable growth, reaching RMB 49.601 billion, a year-on-year increase of 2.8%; profitability continued to improve, with EBITDA reaching RMB 34.227 billion, a year-on-year increase of 3.6%, and profit attributable to the company's shareholders amounting to RMB 5.757 billion, a year-on-year increase of 8.0%; achieving a net cash flow from operating activities of RMB 28.679 billion, and free cash flow reaching RMB 16.287 billion. The board of directors has decided to continue distributing interim dividends for 2025, in the amount of RMB 0.13250 per share (pre-tax). In the first half of the year, the company continued to optimize resource allocation, deepen reform and innovation, promote the steady improvement of business development, and enhance efficiency and benefits. The core competitiveness of the enterprise has been continuously enhanced. The company fully leveraged its role as a national team in mobile communication infrastructure construction and the main force in 5G new infrastructure, implementing the "Dual Gigabit" network joint attack project, "Signal Upgrade" and "Broadband Frontier" special actions, seizing the opportunity of expanding network coverage and strengthening deep coverage of 5G networks, continuously improving resource coordination and sharing, and professional operational capabilities, fully meeting the deployment needs of customer networks, and maintaining stable operator business. In the first half of 2025, the operator business achieved revenue of RMB 42.461 billion, a year-on-year increase of 0.8%. In terms of the development of auxiliary businesses, the company continuously strengthened product innovation, optimized business layout, further enhanced core capabilities, and promoted continuous business development, with revenue scale maintaining rapid growth. In the first half of 2025, the auxiliary businesses achieved revenue of RMB 6.935 billion, accounting for 14.0% of total operating revenue, an increase of 1.6 percentage points compared to the same period last year. In the first half of the year, the company continued to strengthen innovation-driven by science and technology, laying a solid foundation for future development. It enhanced research and development of key core technologies such as next-generation mobile communications, artificial intelligence, edge computing, 5G+Beidou, 5G shared room division, new energy, Internet of Things, etc., forging influential major projects and technical standards internationally and within the industry; accelerating the transformation of scientific and technological achievements into tangible productivity through releasing a series of achievement lists, facilitating the commercialization of technology, conducting scientific and technological achievement evaluations, and implementing targeted strategies to promote conversion; advancing the "capabilities level, task projects, resource allocation, achievement conversion" four-list work mechanism, steadily enhancing innovation efficiency and effectiveness. In the first half of 2025, the number of R&D personnel increased by 29% compared to the same period last year, and the cumulative number of authorized invention patents increased by 16% compared to the end of 2024.