The latest update is out from ZTE ( (HK:0763) ).
ZTE Corporation has released its first quarterly report for 2025, highlighting a 7.82% increase in operating revenue compared to the same period last year. However, the company experienced a decline in net profit attributable to ordinary shareholders by 10.50%, and a significant drop in net profit after extraordinary items by 26.14%. The report also notes a decrease in net cash flows from operating activities by 37.93%. These financial results, influenced by changes in accounting policies, suggest challenges in maintaining profitability despite revenue growth, which could impact the company’s market positioning and stakeholder confidence.
More about ZTE
ZTE Corporation is a major player in the telecommunications industry, primarily engaged in the provision of advanced telecommunications systems, mobile devices, and enterprise technology solutions. The company focuses on delivering innovative products and services to both domestic and international markets, enhancing connectivity and communication infrastructure.
YTD Price Performance: -10.35%
Average Trading Volume: 11,933
Technical Sentiment Signal: Sell
Current Market Cap: $19.9B
Learn more about 0763 stock on TipRanks’ Stock Analysis page.