Tencent Science and Technology News, August 7, reported that China's Tower released its mid-term performance in 2019. Its operating income in the first half of 2019 was 3798 million yuan, compared with 3533 million yuan in the same period last year, an increase of 7.5% over the same period last year.
During the first half of 2019, the profit and the profit attributable to the owner of the company were 2.548 billion yuan, compared with 1.210 billion yuan in the same period last year, an increase of 110.6% over the same period last year.
According to the announcement, the revenue of the tower business is RMB 35.808 billion, with a year-on-year growth of 5.1%;Indoor distributed antenna system(.
EBITDA1 reached 27.815 billion yuan.
Cash flow increased steadily, realizing 20.798 billion yuan of operating cash flow and 2.892 billion yuan of free cash flow.