CHINA TOWER(00788)2024-10-18 08:30Financial Performance - The company's operating revenue for the first three quarters of 2024 reached RMB 72,452 million, representing a year-on-year growth of 3.3%[2] - Revenue from operator business was RMB 63,124 million, up 2.4% year-on-year, with tower business revenue at RMB 56,902 million (0.9% growth) and indoor distributed antenna system revenue at RMB 6,222 million (18.0% growth)[3] - EBITDA for the period was RMB 49,717 million, reflecting a 3.4% increase year-on-year, with an EBITDA margin of 68.6%[5] - Profit attributable to shareholders was RMB 8,153 million, marking an 11.0% increase compared to the previous year[3] - The pre-tax profit for the first three quarters was RMB 10,758 million, an increase of 11.3% year-on-year[3] Operational Metrics - The number of tower sites reached 2.081 million, with a net increase of 95,000 tenants, totaling 3.753 million tenants, and an average of 1.80 tenants per site[5] - The revenue contribution from the two wings business increased from 11.7% to 12.6% of total operating revenue[5] Assets and Liabilities - Total assets as of September 30, 2024, were RMB 324,491 million, while total liabilities were RMB 125,178 million[3] Strategic Focus - The company aims to continue its strategy of shared development, focusing on becoming a world-class digital infrastructure provider[6] Cautionary Note - The company emphasizes the importance of cautious reliance on the financial data provided, as it has not been reviewed or audited by external auditors[7]