China Tower Corporation Limited

788 CNE100003688

Construction & Engineering

Market Closed - Hong Kong S.E. Other stock markets 04:08:16 2024-05-02 am EDT			5-day change	1st Jan Change
0.92 ^HKD	0.00%		+2.22%	+12.20%

Apr. 23	China Tower Corporation Limited Appoints Chen Li as General Manager	CI
Apr. 19	China Tower's Q1 Profit Rises 11%	MT

China Tower Corporation Limited Reports Earnings Results for the First Quarter Ended March 31, 2024

April 19, 2024 at 04:30 am EDT

China Tower Corporation Limited reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 23,974 million compared to CNY 23,199 million a year ago. Net income was CNY 2,784 million compared to CNY 2,506 million a year ago.

Latest news about China Tower Corporation Limited

China Tower Corporation Limited Appoints Chen Li as General Manager	Apr. 23	CI
China Tower's Q1 Profit Rises 11%	Apr. 19	MT
China Tower Corporation Limited Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 19	CI
China Tower Corporation Limited Announces Resignation of Liu Wei as Supervisor	Apr. 12	CI
Kone Wins Contract to Equip China Tower With Elevators	Apr. 09	MT
Jefferies Adjusts China Tower’s Price Target to HK$1.26 From HK$1.09, Keeps at Buy	Mar. 19	MT
Nomura Adjusts China Tower’s Price Target to HK$0.96 From HK$0.86, Keeps at Neutral	Mar. 19	MT
Transcript : China Tower Corporation Limited, 2023 Earnings Call, Mar 18, 2024	Mar. 18
China Tower's 2023 Profit Rises on Higher Revenue	Mar. 18	MT
China Tower Corporation Limited Proposes Final Dividend for the Financial Year Ended 31 December 2023, Payable on 28 June 2024	Mar. 18	CI
China Tower Corporation Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 18	CI
Narada Power Source Bag 327 Million Yuan China Tower Equipment Procurement Contract	Mar. 17	MT
China Tower Corporation Limited Announces the Resignation of Zhang Guohou as Independent Non-Executive Director	Mar. 13	CI
Topband Bags China Tower's Battery Products Bidding for 340 Million Yuan.	Feb. 21	MT
Jefferies Adjusts China Tower’s Price Target to HK$1.09 From HK$1.04, Keeps at Buy	Feb. 06	MT
ZJBC to Provide Maintenance Services to China Tower; Shares Down 3%	Feb. 06	MT
Chinese investment in 5G Rises 5.7% in 2023	Jan. 30	MT
China Tower Shareholders to Vote Dec. 22 on Renewal of Service Contract with China Telecommunications	Dec. 04	MT
Trigiant Arm Bags 683 Million Yuan Supply Contract	Nov. 27	MT
Jefferies Adjusts China Tower’s Price Target to HK$1.04 From HK$1.08, Keeps at Buy	23-10-20	MT
Jefferies Adjusts China Tower Corporation’s Price Target to HK$1.08 From HK$1.21, Keeps at Buy	23-08-07	MT
Nomura Adjusts China Tower's Price Target to HK$0.86 From HK$1, Keeps at Neutral	23-08-04	MT
Transcript : China Tower Corporation Limited, H1 2023 Earnings Call, Aug 03, 2023	23-08-03
China Tower’ Profit Up in H1	23-08-03	MT
China Tower Corporation Limited Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-03	CI

Chart China Tower Corporation Limited

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Company Profile

CHINA TOWER CORPORATION LIMITED is a China-based telecommunications tower infrastructure service provider. The Company mainly has three business segments. The Tower Business segment mainly uses sites to carry out macro cell and small cell businesses with telecommunications service providers (TSPs). The Indoor Distributed Antenna System (DAS) Business segment mainly provides indoor distributed antenna systems to TSPs and to attach their telecommunications equipment. The Trans-sector Site Application and Information Business (TSSAI business) segment mainly uses the sites dispersed nationwide and provide site resource services, including infrastructure, maintenance services and power services, to host different types of devices for customers from different industries and support them to build up different types of nationwide or regional networks.

Sector

Construction & Engineering

Calendar

2024-05-19 - Annual General Meeting

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Ratings for China Tower Corporation Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.852 CNY

Average target price

1.037 CNY

Spread / Average Target

+21.75%

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Sector Telecommunication Construction

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Telecommunication Construction