ZTE reports net profit of RMB 9.33 billion in 2023, up 15.4% YoY

ZTE's 2023 net profit reached RMB 9.33 billion, showcasing a dual-drive strategy focusing on connectivity and computing power

The company demonstrated resilience amidst challenges, with a strengthened focus on R&D investment, covering 20.4% of the operating revenue

ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, reported a full-year operating revenue of RMB 124.25 billion in 2023.