China Tower (00788) announced its first quarter performance, with a profit attributable to the company's shareholders of 3.024 billion yuan, representing a year-on-year increase of 8.6%.

China Tower (00788) released its first quarter performance for 2025, with revenue of 24.771 billion yuan, a year-on-year increase of 3.3%; of which, revenue from operator business reached 21.224 billion yuan, a year-on-year increase of 1.1%; revenue from smart connectivity business reached 2.312 billion yuan, a year-on-year increase of 17.1%; and revenue from energy business reached 1.145 billion yuan, a year-on-year increase of 19.6%. The proportion of revenue from two-wing business increased from 12.2% in the same period last year to 14%. In the first quarter of 2025, EBITDA reached 17.295 billion yuan, with an EBITDA margin of 69.8%, and profit attributable to company shareholders was 3.024 billion yuan, a year-on-year increase of 8.6%. In the first quarter of 2025, the company adhered to the development concept of "sharing", firmly based on the positioning of "three service providers", continuously deepened the "one body, two wings" strategy, and all business developments met expectations, leading to overall steady growth in performance. As of March 31, 2025, the number of tower sites reached 2.108 million, with 3.820 million tower tenants, a net increase of 29,000 from the end of the previous year. The average number of tenants per tower site reached 1.81.