CHINA TOWER(00788)2022-10-19 08:30Revenue Performance - Operating revenue for the first three quarters of 2022 reached RMB 68.682 billion, a year-on-year increase of 6.3%[2] - Revenue from operator business was RMB 62.187 billion, up 3.4% year-on-year, with tower business revenue at RMB 57.953 billion (1.8% increase) and indoor distributed antenna system revenue at RMB 4.234 billion (32.6% increase)[2] - Smart connection business revenue grew by 41.4% to RMB 4.012 billion, while energy business revenue surged by 59.9% to RMB 2.303 billion[2] - Profit attributable to shareholders was RMB 6.399 billion, reflecting a year-on-year growth of 21.7%[2] EBITDA and Financial Metrics - EBITDA for the period was RMB 47.460 billion, with an EBITDA margin of 69.1%[3] - The proportion of revenue from the two wings business increased from 6.6% to 9.2% year-on-year[3] Operational Growth - As of September 30, 2022, the number of tower sites reached 2.052 million, with 3.535 million tenants, a net increase of 76,000 tenants compared to the end of the previous year[3] Strategic Goals - The company aims to leverage opportunities from 5G infrastructure, digital China, and dual carbon goals, positioning itself as a leading integrated service provider in information and communication infrastructure[4] - The company plans to enhance its "5G + indoor distribution" growth engine and upgrade its capabilities in smart connection business[4] - Focus on energy business will include product upgrades related to "tower battery swapping" and "tower backup power" to drive rapid growth[4]