ZTE reports net profit of RMB 9.33 billion in 2023 (≃1.19 billion euros), up 15.4% from the previous year
In recent days ZTE Corporation made it happen recorded an operating turnover of RMB 124.25 billion (≃15.81 billion euros) in 2023.
In 2023, the company’s gross profit margin was 41.5%. The net income attributable to holders of ordinary shares of the listed company reached RMB 9.33 billion (≃1.19 billion euros)with an increase of 15.4% compared to the previous year. Net profit after extraordinary items attributable to holders of ordinary shares of the listed company for 2023 was RMB 7.40 billion (≃940 million euros)an increase of 20.0% compared to the previous year.
In 2023, The company’s net cash flows from operating activities reached RMB 17.41 billion (≃2.22 billion euros), with an increase of 129.7% compared to the previous year, and the total cash dividends…
