Detail akcie ZTE online

Business Summary: ZTE Corp is a China-based company mainly engaged in communications and information technology solutions. The Company operates primarily through three business segments. The Carriers’ Network segment is engaged in network evolution with the provision of wireless access, wireline access, bearer systems, core networks, server and storage and other innovative technologies and product solutions. The Consumer Business segment is engaged in the development, production and sale of products including home information terminal, smart phones, mobile Internet terminals, innovative fusion terminals, as well as the provision of related software application and value-added services. The Government and Corporate Business segment is engaged in providing informatization solutions for the government and corporations.
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).