reports
- Chris Hoare
EM Towers Q2 CY24 review: Improving trends in China and Africa, Indon...
Revenue and EBITDA trends improved again for China Tower, which alongside stable depreciation supported bottom-line momentum. In Indonesia, MTEL and TOWR continued to perform where the latter benefited from faster growth in its Fibre business thus should act as a buffer should the XL and Smartfren deal were to proceed.
- Chris Hoare
China Tower (Buy, TP: HK$ 1.40, +45%) Q2 24 Quick Take: Sustained pro...
Both revenue and EBITDA trends improved, with KPIs looking healthy and Core Tower reverting to growth again. As depreciation costs continue to slow, earnings have been growing rapidly, up 10% YoY in the first half. China Tower has also announced its first interim dividends (RMB 0.0109/share) and guided for full year’s dividends to be no less than 75% payout.
- Chris Hoare
CHINA TOWER CORP LTD sees an upgrade to Slightly Positive due to a bet...
The general evaluation of CHINA TOWER CORP LTD (CN), a company active in the Heavy Construction industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as moderately risky. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Slightly Positive. As of the analysis date January 14, 2022, the closing ...
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