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<Research>CICC: CHINA TOWER's 1Q Revenue & Profit in Line
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CICC said in its report that CHINA TOWER (00788.HK) delivered 1Q26 revenue and profit in line with its expectations. The company's revenue grew by 1.5% YoY to RMB25.146 billion, while net profit rose by 31.8% YoY to RMB3.985 billion.

The broker maintained its 2026-27 earnings forecasts for CHINA TOWER unchanged. CHINA TOWER's rating remains Outperform, with a target price of HKD14.

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