China Tower Records 10% Profit Growth in H1 as Revenue Rises 4%

MT Newswires Live08-07

China Tower (HKG:0788) recorded a profit attributable to owners of 5.33 billion yuan for the six months ended June 30, up 10% from 4.84 billion yuan in the corresponding period last year, a Wednesday filing with the Hong Kong Exchange said.

Earnings per share rose to 0.0305 yuan from 0.0277 yuan from a year ago. The figure was in line with EPS estimates of 0.03 yuan based on a consensus of analysts' estimates compiled by Visible Alpha.

The company's revenue for the period came in at 48.25 billion yuan, 3.8% higher than the 46.46 billion yuan recorded in the year-ago period. Analysts polled by Visible Alpha were expecting revenue of 48.68 billion yuan.

The company recommended an interim dividend of 0.01090 yuan per share for the period.

The company's shares were up over 2% in recent trade.

Price (HKD): $0.95, Change: $+0.02, Percent Change: +2.15%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2457869870?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-07 14:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2457869870","market":"us","top_or_hot":-1,"title":"China Tower Records 10% Profit Growth in H1 as Revenue Rises 4%","media":"MT Newswires Live","content":"<html><body><p> China Tower (HKG:0788) recorded a profit attributable to owners of 5.33 billion yuan for the six months ended June 30, up 10% from 4.84 billion yuan in the corresponding period last year, a Wednesday filing with the Hong Kong Exchange said.</p><p>Earnings per share rose to 0.0305 yuan from 0.0277 yuan from a year ago. The figure was in line with EPS estimates of 0.03 yuan based on a consensus of analysts' estimates compiled by Visible Alpha.</p><p>The company's revenue for the period came in at 48.25 billion yuan, 3.8% higher than the 46.46 billion yuan recorded in the year-ago period. Analysts polled by Visible Alpha were expecting revenue of 48.68 billion yuan.</p><p>The company recommended an interim dividend of 0.01090 yuan per share for the period.</p><p>The company's shares were up over 2% in recent trade.</p><p>Price (HKD): $0.95, Change: $+0.02, Percent Change: +2.15%</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China Tower Records 10% Profit Growth in H1 as Revenue Rises 4%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina Tower Records 10% Profit Growth in H1 as Revenue Rises 4%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-08-07 14:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>China Tower (HKG:0788) recorded a profit attributable to owners of 5.33 billion yuan for the six months ended June 30, up 10% from 4.84 billion yuan in the corresponding period last year, a Wednesday ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00788","symbol_name":"中国铁塔","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2457869870","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2457869870","pubTimestamp":1723011769,"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"China Tower  recorded a profit attributable to owners of 5.33 billion yuan for the six months ended June 30, up 10% from 4.84 billion yuan in the corresponding period last year, a Wednesday filing with the Hong Kong Exchange said.Earnings per share rose to 0.0305 yuan from 0.0277 yuan from a year ago. The figure was in line with EPS estimates of 0.03 yuan based on a consensus of analysts' estimates compiled by Visible Alpha.The company's revenue for the period came in at 48.25 billion yuan, 3.8% higher than the 46.46 billion yuan recorded in the year-ago period. Analysts polled by Visible Alpha were expecting revenue of 48.68 billion yuan.The company recommended an interim dividend of 0.01090 yuan per share for the period.The company's shares were up over 2% in recent trade.Price : $0.95, Change: $+0.02, Percent Change: +2.15%","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"00788":"中国铁塔"},"translate_title":"中国铁塔上半年利润增长10%，收入增长4%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00788":0.9},"content_text":"China Tower (HKG:0788) recorded a profit attributable to owners of 5.33 billion yuan for the six months ended June 30, up 10% from 4.84 billion yuan in the corresponding period last year, a Wednesday filing with the Hong Kong Exchange said.Earnings per share rose to 0.0305 yuan from 0.0277 yuan from a year ago. The figure was in line with EPS estimates of 0.03 yuan based on a consensus of analysts' estimates compiled by Visible Alpha.The company's revenue for the period came in at 48.25 billion yuan, 3.8% higher than the 46.46 billion yuan recorded in the year-ago period. Analysts polled by Visible Alpha were expecting revenue of 48.68 billion yuan.The company recommended an interim dividend of 0.01090 yuan per share for the period.The company's shares were up over 2% in recent trade.Price (HKD): $0.95, Change: $+0.02, Percent Change: +2.15%","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2457869870"}