China Tower (00788) announced 2026 interim results, with net profit of 7.489 billion yuan to mother, an increase of 30.1% over the previous year

According to the Zhitong Finance App, China Tower (00788) announced its 2026 interim results, with operating income of 48.693 billion yuan (RMB, same below), down 1.8% year on year; EBITDA was 30.252 billion yuan, down 11.6% year on year, EBITDA rate 62.1%; profit attributable to the company's shareholders was 7.489 billion yuan, up 30.1% year on year, and net profit margin was 15.4%. Basic earnings per share are $0.4284, and an interim dividend of $0.19,122 per share (before tax) is proposed.

In the first half of 2026, operator business revenue was 40.357 billion yuan, down 5.0% year on year; of these, tower business revenue was 35.263 billion yuan, down 6.7% year on year; indoor distributed antenna system business revenue was 5,094 billion yuan, up 9.2% year on year. Zhilian's business revenue was 5.332 billion yuan, an increase of 12.8% over the previous year. Energy business revenue was 2,591 billion yuan, up 17.3% year over year.

In terms of intelligent business development, based on the field of spatial digital intelligent governance, it continues to deeply cultivate key industries and key scenarios. Over 260,000 “digital towers” serve a wide range of industries such as land, emergency, water conservancy, environmental protection, etc., and its market share is steadily increasing in key areas such as straw burning, arable land protection, and disaster warning; deepening distributed platform resource sharing, strengthening medium- and high-point algorithm iteration, and continuing to implement “AI+” special actions to deepen the application of large-scale models in the spatial governance industry and promote innovation and upgrading of industry application scenarios; actively lay out new and emerging fields such as low-altitude economy to accelerate the innovation and upgrading of industry application scenarios Product development progress; Continue to adhere to the customer-centered concept, improve the high-standard service system and territorial technical support team building, strengthen the guarantee of the whole process of iterative product development, project construction and delivery, operation and maintenance, and continuously improve customer satisfaction.

In terms of energy business development, we are concentrating on developing core businesses such as power exchange and backup. Relying on the core advantages of products, services, and platforms, we will continue to promote the upgrading of lean operations and build a competitive advantage in the market. In the power exchange business, we are deeply involved in the express delivery and takeout industries, strengthen the refined operation of users, and strengthen user stickiness with high-quality services. As of June 30, 2026, there were about 1.493 million power exchange users, an increase of 16,000 over the end of last year, continuing to maintain a leading position in the market; accelerate the network layout of low-speed electric vehicle charging facilities in the community, enable service upgrades through lean operation, continue to broaden the service footprint and expand the user scale; focus on key industry tracks, dig deeper into customer core needs, strengthen platform and service capacity building, and fully promote comprehensive industry solutions to continue to enhance the influence of the “Tower Energy Manager” brand.