Vendor

China Tower Net Profit in 2018: 2.65 Billion RMB, With YOY Increase of 36.4%

Updated:2019/3/5 16:23

According to the data from the 2018 financial report released by China Tower, the operating income for 2018 was 71.819 billion yuan, up 4.6% year-on-year.

The company's EBITDA reached 41.773 billion yuan, with a 3.5% growth year-on-year. The net profit was 2.65 billion yuan, up 36.4% year-on-year. Up to December 31, 2018, the total number of China Tower sites was 1.948 million, up 4% year on year. The total number of tenants exceeded one million, up 12% year on year.

 Source:C114
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