异动解读｜中国铁塔盘中下跌3.24%，中期业绩增收质量引发市场担忧

行情直击08-12 09:35

8月12日，中国铁塔盘中下跌3.24%，报9.415港元，成交额2111.57万港元。消息面上，公司前一日发布中期业绩，虽然归母净利润同比增长30.1%至74.89亿元，但多项核心指标承压引发市场关注。

具体来看，公司上半年营业收入486.93亿元，同比下降1.8%；EBITDA为302.52亿元，同比下降11.6%；经营活动现金流量净额仅71.35亿元，同比大幅减少215.44亿元，主因客户付款周期延长及票据结算增加。核心塔类业务收入352.63亿元，同比下降6.7%，运营商业务整体下滑5.0%。利润增长主要受折旧费用下降25.2%驱动，而维护费用上升19.0%、坏账计提增加等因素削弱了盈利质量。此前瑞银给予"中性"评级，指出EBITDA承压趋势。

（以上内容均基于市场公开消息，由程序或算法智能生成，仅作为股价异动提醒，不作为投资建议或交易依据。）

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

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