ZTE's Q1 revenue increased by 7.82% year-on-year, while its net profit excluding non-recurring items decreased by 26.14% | Financial Report Insights
Wallstreetcn·- ZTE Corporation reported a 7.82% year-on-year revenue increase in Q1 2025, reaching 32.97 billion yuan. - However, net profit attributable to shareholders fell by 10.5%, and non-recurring net profit decreased by 26.14%. - The company continues to focus on technological innovation, with R&D expenses at 5.95 billion yuan, representing about 18% of revenue, despite a decline from the previous year.