Detail akcie ZTE online

Business Summary: ZTE Corp is a China-based company principally engaged in the design, development, production, distribution and installation of a range of Information and Communication Technology (ICT) related systems, equipment and terminals. The Company mainly operates its business through three segments. Carriers’ Network segment mainly provides wireless network, wired network, core network and telecommunication software systems and services, as well as other technologies and product solutions. Government and Corporate segment provides the government and corporate information projects with top-level design, consulting services and integrated information solutions. Consumer segment is mainly involved in the development, production and sale of smart phones, mobile data terminals, family terminals and wearable devices, as well as the provision of related software applications and value-added services.
Financial Summary: BRIEF: For the three months ended 31 March 2024, ZTE Corp (H Shares) revenues increased 5% to RMB30.58B. Net income increased 4% to RMB2.74B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was partially offset by Interest Expense increase of 72% to RMB1.21B (expense), Research and development costs increase of 7% to RMB6.38B (expense).