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China Tower Corporation reports significant financial growth for 2024, including revenue and cash flow increases.
China Tower Corporation reported a 4.0% increase in operating revenue to RMB97.77 billion and a 4.7% rise in EBITDA to RMB66.56 billion for 2024. The company's net cash from operations jumped by RMB16.63 billion to RMB49.47 billion, and free cash flow increased by RMB16.4 billion to RMB17.53 billion. The TSP business saw a 2.4% revenue increase to RMB84.12 billion. The company proposed a total full-year dividend of RMB0.41696 per share, marking an 11.5% increase from 2023.
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