Chinese equipment vendor ZTE was hit by weakness in global demand in Q3, recording a double-digit decline in operating revenue but posting a profit in part due to a jump in extraordinary gains.
ZTE stated it maintained a stable performance despite a challenging global macroeconomic environment impacting the ICT industry.
Net profit rose 5.1 per cent year-on-year to CNY2.4 billion ($328.6 million), aided by CNY177.1 million in one-off gains. Revenue declined 12.4 per cent to CNY28.7 billion.
For the first six months of 2023, revenue grew 12.7 per cent to CNY59.8 billion.
R&D spending increased 18.6 per cent to CNY19.1 billion, accounting for 21.3 per cent of operating revenue compared with 17.4 per cent in the same period in 2022.
The post ZTE revenue drops in Q3 appeared first on Mobile World Live.
Commercials Cooperation Advertisements:
(1) IT Teacher IT Freelance
立刻註冊及報名電腦補習課程吧!
电子计算机 -教育 -IT 電腦班” ( IT電腦補習 ) 提供一個方便的电子计算机 教育平台, 為大家配對信息技术, 電腦 老師, IT freelance 和 programming expert. 讓大家方便地就能找到合適的電腦補習, 電腦班, 家教, 私人老師.
We are a education and information platform which you can find a IT private tutorial teacher or freelance.
Also we provide different information about information technology, Computer, programming, mobile, Android, apple, game, movie, anime, animation…
(2) ITSec
www.ITSeceu.uk
Secure Your Computers from Cyber Threats and mitigate risks with professional services to defend Hackers.
ITSec provide IT Security and Compliance Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training.
Contact us right away.
Email (Prefer using email to contact us):
SalesExecutive@ITSec.vip