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<Results>CHINA TOWER 1Q NP RMB3.02B, Up 8.6% YoY
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CHINA TOWER (00788.HK) announced its unaudited key performance indicators for 1Q25. Net profit amounted to RMB3.024 billion, up 8.6% YoY, while EBITDA grew 4.2% YoY to RMB17.295 billion.

Operating revenue was RMB24.771 billion, up 3.3% YoY. Revenue from TSP business was RMB21.224 billion, up 1.1% YoY, of which, revenue from Tower business decreased by 0.4% YoY to RMB18.877 billion; revenue from indoor distributed antenna system (DAS) hiked by 15.2% YoY to RMB2.347 billion.

Revenue from Smart Tower business was RMB2.312 billion, up 17.1% YoY, while revenue from Energy business was RMB1.145 billion, up 19.6% YoY.
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