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ZTE Annual Report 2021! Net profit increased by 59.9%, and the mobile phone business continued to develop

Some time ago, the release of the Nubia Z40 Pro attracted the attention of many small partners. In particular, the extremely high specifications of the rear camera module, customized 35mm master portrait lens, etc., brought a lot of surprises. Moreover, the industry's first-class configuration with a fairly competitive price has also impressed many netizens.

ZTE Annual Report 2021! Net profit increased by 59.9%, and the mobile phone business continued to develop

It is worth noting that as the parent company of the three major mobile phone brands of Red Devils, Nubia and ZTE, ZTE also recently released its 2021 annual report. Judging from the information displayed in the report, in 2021, ZTE achieved revenue of 114.52 billion yuan, an increase of 12.9% year-on-year, and net profit of 6.81 billion yuan, an increase of 59.9% year-on-year.

ZTE Annual Report 2021! Net profit increased by 59.9%, and the mobile phone business continued to develop

At the same time, ZTE's operating income in the two major domestic and international markets and operator networks, government and enterprises, and consumers has achieved year-on-year growth. Among them, the domestic market achieved operating income of 78.07 billion yuan, an increase of 14.7%, accounting for 68.2%; international revenue of 36.45 billion yuan, an increase of 9.1%, accounting for 31.8%.

ZTE Annual Report 2021! Net profit increased by 59.9%, and the mobile phone business continued to develop

Specific to each business, ZTE achieved operating income of 75.71 billion yuan in the operator network, an increase of 2.3% year-on-year; government and enterprise affairs operating income of 13.08 billion yuan, an increase of 16.0% year-on-year, and a domestic growth rate of more than 40%; consumer business achieved operating income of 25.73 billion yuan, an increase of 59.2% year-on-year. Among them, the operating income of household terminals increased by more than 80% year-on-year, and the operating income of mobile phone products increased by nearly 40% year-on-year.

ZTE Annual Report 2021! Net profit increased by 59.9%, and the mobile phone business continued to develop

Overall, ZTE's revenue in 2021 is still very healthy, and the development of many businesses is also quite good. In the future, ZTE will continue to exert efforts in operator networks, smart phones, government and enterprises and consumers, and its three major mobile phone brands will also bring more products, we look forward to it.

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