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ZTE achieved a net profit of 2.217 billion yuan in the first quarter, an increase of 1.6% year-on-year.

ZTE achieved a net profit of 2.217 billion yuan in the first quarter, an increase of 1.6% year-on-year.

Jiwei Network News, on April 25, ZTE released the first quarter report of 2022.

ZTE achieved a net profit of 2.217 billion yuan in the first quarter, an increase of 1.6% year-on-year.

In the first quarter of 2022, ZTE achieved revenue of 27.930 billion yuan, an increase of 6.43% year-on-year; achieved a net profit of 2.217 billion yuan, an increase of 1.6% year-on-year, and a net profit of 1.952 billion yuan after deduction, an increase of 117.13% year-on-year.

ZTE is the world's leading provider of integrated communication information solutions, providing innovative technology and product solutions for customers in many countries and regions around the world. With a complete, end-to-end product and convergence solution for the communication industry, through a full range of "wireless, wired, cloud computing, terminal" and other products, flexibly meet the differentiated needs of different customers around the world, as well as the pursuit of rapid innovation.

In the future, ZTE will continue to focus on the mainstream market and mainstream products, continuously improve customer satisfaction and market share, adhere to the independent innovation of core technologies, continuously enhance product competitiveness, cooperate closely with partners with a more open attitude, build a win-win industrial ecological chain, and jointly embrace the best "intelligent interconnection of all things" in a beautiful new era. (Proofreading/Arden)

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