CHINA TOWER (0788.HK)

China Tower (SEHK:788) Reports Strong Earnings Growth, Presents Compelling Investment Opportunity

China Tower(SEHK:788) has reported robust earnings growth for the nine months ending September 30, 2024, with sales increasing to CNY 72,452 million and net income rising to CNY 8,153 million. Despite its strong financial performance and potential undervaluation, challenges such as a modest Return on Equity and high debt levels persist. Recent strategic board changes, including the appointment of Ms. Zhang Wei, aim to bolster governance, setting the stage for potential future growth amidst...