ZTE Reports Revenue of RMB 90.04 Billion and Net Profit of RMB 7.91 Billion in the First Three Quarters of 2024
ZTE Corporation, a global leading provider of integrated information and communication technology solutions, announced a revenue of RMB 90.04 billion for the first three quarters of 2024, an increase of 0.7% year-on-year. According to ZTE's results announcement, during the period, the net profit attributable to holders of ordinary shares of the listed company amounted to RMB 7.91 billion, representing an increase of 0.8% year-on-year, while the net profit after extraordinary items attributable to holders of ordinary shares reached RMB 6.90 billion. Net cash flows from operating activities totaled RMB 8.05 billion. In the first nine months of 2024, despite a complex and challenging external environment, ZTE maintained precise and pragmatic operations, ensuring stable management. The company actively capitalized on the development trends of the ICT industry, accelerating technological and market-driven innovation, while significantly enhancing its operational efficiency and management
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