China Tower Corporation announces change in accounting estimates for DAS assets

Reuters
2025/10/16
<a href="https://laohu8.com/S/00788">China Tower Corporation</a> announces change in accounting estimates for DAS assets

China Tower Corporation Ltd. has announced a change in accounting estimates related to its Distributed Antenna System (DAS) assets. The company previously set the estimated useful lives of these assets at seven years, based on industry standards at the time. Following improvements in domestic technical standards, the Board, after review by its audit committee, determined that updating the accounting estimates would more accurately reflect the assets' useful lives and utilisation. The change complies with applicable laws, IFRS Accounting Standards, and is considered to be in the best interests of the company and its shareholders. Shareholders and potential investors are advised to exercise caution when dealing in the company's securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Tower Corporation Ltd. published the original content used to generate this news brief on October 16, 2025, and is solely responsible for the information contained therein.

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免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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