China Tower announced that Chen Li was appointed as the company's general manager
China Tower (00788) announced that Mr. Chen Li was appointed as the company's general manager. Mr. Chen's term as general manager of the company will take effect from April 23, 2024 until the end of the term of the third board of directors of the company. The board of directors recommended the appointment of Mr. Chen as the company's executive director, subject to approval by the company's shareholders. Its term of office takes effect from the date of approval by shareholders at the upcoming annual general meeting of shareholders of the company and ends on the date of the end of the term of the third board of directors of the company.
China Tower (00788.HK) appoints Chen Li as the company's general manager
Gelonghui, April 23 | China Tower (00788.HK) announced that Mr. Chen Li was appointed as the company's general manager. Mr. Chen's term as general manager of the company will take effect from April 23, 2024 until the end of the term of the third board of directors of the company. The board of directors further announced that the board of directors recommended the appointment of Mr. Chen as the company's executive director, subject to approval by the company's shareholders. Its term of office takes effect from the date of approval by shareholders at the upcoming annual general meeting of shareholders of the company and ends on the date the term of the third board of directors of the company ends.
[Broker Focus] Zheshang Securities maintains China Tower (00788) “buy” rating, indicating that its performance growth rate is expected to gradually recover
Jinwu Financial News | According to the Zheshang Securities Research Report, the overall performance of China Tower (00788) grew steadily, achieving revenue of 94.09 billion yuan in 2023, an increase of 2.0% year on year, and net interest rate increased 0.87 pp to 10.4% year on year. In the first quarter of 2024, the company achieved revenue of 23.974 billion yuan, an increase of 3.3% year on year, and net profit to mother of 2,784 billion yuan, an increase of 11.1% year on year. With the gradual implementation of the new commercial pricing agreement, the company's performance growth rate is expected to gradually recover. The bank expects the company's revenue in 2024-2026 to be 985, 1029,
[Broker Focus] HSBC Research slightly raised China Tower (00788) target price by 2.7%, indicating stable EBITDA performance in the first quarter
Jinwu Financial News | According to the HSBC Global Research and Development Report, China Tower (00788)'s EBITDA for the first quarter of 2024 increased 3% year-on-year, and its performance was stable. However, revenue from the tower business increased by only 0.6% year over year. HSBC believes this is because telecom companies are shifting more capital expenditure to growth businesses. According to the bank, the “two wings” business contribution is growing and Hongta's trend is relatively slow, putting more pressure on the core telecom business. The bank is looking for details on the rapid growth of its core business or “two wings” business as a potential catalyst to change the bank's views. The bank will have 2024 revenue and EBITDA
CICC: Maintaining China Tower's (00788) “Outperform the Industry” rating, target price of HK$1.2
CICC believes that the revenue growth rate of China Tower (00788) 2H24 tower business may be higher than 1H24.
China Tower's Q1 Profit Rises 11%
China Tower's (HKG:0788) attributable profit increased 11.1% year-over-year to 2.78 billion yuan during the three months ended March. 31, according to a Friday filing with the Hong Kong Exchange. Oper
China Tower: Will Increase Core Competitiveness to Achieve Steady Growth in Enterprise Value >0788.HK
China Tower: Will Increase Core Competitiveness to Achieve Steady Growth in Enterprise Value >0788.HK
China Tower: Will Sustain Steady Development in Businesses >0788.HK
China Tower: Will Sustain Steady Development in Businesses >0788.HK
China Tower 1Q Operating Revenue CNY23.97B Vs. CNY23.20B >0788.HK
China Tower 1Q Operating Revenue CNY23.97B Vs. CNY23.20B >0788.HK
Net profit of China Tower (00788.HK) increased 11.1% to mother in the first quarter to 2,784 billion yuan
Gelonghui, April 19, 丨 China Tower (00788.HK) announced that in the first quarter of 2024, the company will adhere to the “shared” development concept, firmly based on the “three service providers” position, continue to deepen the “one, two wings” strategy, and the development of various businesses is progressing steadily. As of March 31, 2024, the number of tower sites reached 2,059 million, and the number of tower tenants reached 3.701 million, a net increase of 43,000 over the end of the previous year. The average number of tenants at tower stations is 1.80. In the first quarter of 2024, the company's revenue reached RMB 23.974 billion, an increase of 3.3% over the previous year. Among them, the operator's business
中國鐵塔:2024年第一季度未經審核的主要運營數據
中國鐵塔:2023年年報
China Tower Corporation Limited's (HKG:788) Largest Shareholders Are Private Companies With 48% Ownership, Public Companies Own 21%
Key Insights Significant control over China Tower by private companies implies that the general public has more power to influence management and governance-related decisions 69% of the business is
China Tower (00788.HK): Cao Yingchun nominated as supervisor
Gelonghui, April 12, 丨 China Tower (00788.HK) issued an announcement. Due to the adjustment of work responsibilities, Liu Wei has resigned as the company's supervisor with effect from April 12, 2024. Cao Yingchun has been nominated as a supervisor. The board of supervisors will request shareholders' approval for the proposed appointment of Ms. Cao as supervisor, which will take effect from the date of shareholders' approval at the annual shareholders' meeting to be held on May 20, 2024. Ms. Cao's term as Supervisor will end until the end of the third term of the Supervisory Board.
Analysts Are Updating Their China Tower Corporation Limited (HKG:788) Estimates After Its Full-Year Results
Last week, you might have seen that China Tower Corporation Limited (HKG:788) released its annual result to the market. The early response was not positive, with shares down 7.1% to HK$0.91 in the pas
UBS: Target price for “neutral” rating for China Tower (00788) reduced to HK$1.01
According to UBS, the profit forecast for China Tower (00788) was lowered by 4% to 9% from this year to 2026, based on greater depreciation due to higher capital expenditure on the strengthening of Tower Railway.
China Tower Reports 1H Results
China Tower's 2023 Profit Rises on Higher Revenue
China Tower's (HKG:0788) attributable profit rose to 9.75 billion yuan in 2023 from 8.79 billion yuan in 2022, according to a Monday filing with the Hong Kong bourse. Earnings per share at the tower i
CHINA TOWER To Go Ex-Dividend On May 23rd, 2024 With 0.04123 HKD Dividend Per Share
March 18th - $CHINA TOWER(00788.HK)$ is trading ex-dividend on May 23rd, 2024. Shareholders of record on May 24th, 2024 will receive 0.04123 HKD dividend per share on June 28th, 2024. The ex-divid
China Tower (HKG:788) Will Be Hoping To Turn Its Returns On Capital Around
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Ideally, a business will show two trends; firstly a growing
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