CTR announced 9M 2021 results with revenue and NPAT-MI jumping 29% YoY and 46% YoY, respectively. All four segments — Telecom Operation, Towerco, Construction and System Integration — contributed to these robust growth rates.
- 9M 2021 revenue and NPAT-MI fulfilled 73% and 76% of our respective full-year forecasts. We see non-material changes to our current earnings forecasts — pending a fuller review — as Telecom Operation results beat our expectation while Towerco and System Integration results trailed.