China Tower's net profit attributable to parent companies in the first half of 2024 was 5.33 billion yuan, a year-on-year increase of 10.1%

According to news from this website on August 7, China Tower Corporation announced on the Hong Kong Stock Exchange today that the company’s operating income in the first half of 2024 reached 48.247 billion yuan, a year-on-year increase of 3.8%; EBITDA reached 33.045 billion yuan, a year-on-year increase of 3.2%, and the EBITDA rate was 68.5%; the profit attributable to the company's shareholders was 5.330 billion yuan, a year-on-year increase of 10.1%, and the net profit margin was 11%. In the first half of 2024, China Tower’s business performance was as follows: operator business revenue was 42.121 billion yuan, a year-on-year increase of 3%. Among them, tower business revenue was 37.957 billion yuan, a year-on-year increase of 1.3%; indoor distributed antenna system business revenue was 4.164 billion yuan, a year-on-year increase of 21.6%. Intelligent Connect business revenue was 3.982 billion yuan, a year-on-year increase of 17.6%. Energy business revenue was 2.023 billion yuan, a year-on-year increase of 2.4%; of which the tower power swap business achieved revenue of 1.163 billion yuan, accounting for 57.5% of the energy business revenue. As of the end of June 2024, China Tower had 2.07 million tower sites, an increase of 24,000 from the end of the previous year; operator tower tenants reached 3.493 million, an increase of 69,000 from the end of the previous year; operator tower tenants The average number of tenants per site increased from 1.68 at the end of the previous year to 1.71, and the level of site sharing has further improved. As of June 30, 2024, there were approximately 1.217 million tower power swap users, an increase of 72,000 from the end of last year, maintaining its leading position in the low-speed electric vehicle battery swap market. The performance table attached to this site is as follows:

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