(Infocast News) China Tower Corporation Limited (00788) announced that in the first quarter of 2021, profit attributable to owners of the Company was RMB1,694 million, up by 16.7% over the same period last year.

In the first quarter of 2021, the operating revenue was RMB21,151 million, up by 7.4% over the same period last year, of which revenue from TSP business was RMB19,822 million, up by 4.6% over the same period last year; revenue from TSSAI business was RMB879 million, up by 55.3% over the same period last year; and revenue from energy operation business was RMB377 million, up by 225.0% over the same period last year. The proportion of revenue from Two Wings business in the operating revenue increased from 3.5% in the same period last year to 5.9%. EBITDA reached RMB15,553 million, with EBITDA margin of 73.5%.

(SY)