China Tower (788) said revenue grew by 5.6 percent year-on-year to 60.22 billion yuan (HK$70 billion) in the first nine months. Profit was up by 17.8 percent compared with the first three-quarters last year to 4.56 billion yuan. Revenue from the tower business was 54.8 billion, up by 2.2 percent over the same period last year. Revenue from the indoor distributed antenna system business was 2.63 billion yuan up by 36.9 percent year-on-year. Revenue from trans-sector site application and information and energy operation businesses was 2,612 million yuan, up by 92.8 percent over the same period last year.

Source: The Standard October 19, 2020 09:40 UTC