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83.83 billion! China's telecom giants did well: net profit jumped 115.8%

via:快科技     time:2021/10/25 20:13:30     readed:116

Today, October 25, ZTE released its report for the third quarter of 2021.

According to the report, from January to September 2021,Zte achieved revenue of 83.83 billion yuan, up 13.1% year on year; Net profit attributable to common shareholders of listed companies was 5.85 billion yuan, up 115.8% year on year.

Net profit excluding non-recurring gains and losses attributable to common shareholders of listed companies was 3.34 billion yuan, up 130.9% year on year; Basic earnings per share were 1.26 yuan.

From July to September 2021, the company achieved 30.75 billion yuan in operating revenue in a single quarter, the highest in the past three years, up 14.2 percent year-on-year and 14.6 percent quarter-on-quarter, according to the report. Among them, operators' network operating income grew by about 25%.

At the same time, ZTE continued to strengthen cash flow management, January to September 2021,Net cash flow generated by the company's operating activities was 11.17 billion yuan, up 188.7% year on year, hitting a record high.

It is worth mentioning that the report shows that the company has positioned its automotive electronics business as a provider of digital automotive basic capabilities and core components, as well as intelligent connected products and solutions, and is committed to providing customers with basic hardware and software platforms, chips, and intelligent connected products of vehicle-road cooperation related to automotive electronics.

At present, it has reached strategic cooperation with faW, SAIC and other automotive enterprises.

In terms of R&D, in the first three quarters of 2021, ZTE invested 14.17 billion yuan in R&D, accounting for 16.9% of its operating revenue.

In terms of consumer business, in the first three quarters of 2021, the revenue of mobile phones and home information terminals maintained a rapid year-on-year growth.Mobile revenue grew about 40 percent year on year and home information terminal revenue grew about 90 percent year on year.

In July this year, ZTE's new flagship under the screen camera. — Zte Axon 30 5G has been officially launched, starting at 2,198 yuan.

Zte Axon 30-screen under version has three highlights, including the world's first 400PPI under-screen camera phone, the world's first 120Hz high-brush under-screen camera phone and the world's first mobile phone that has passed the eye protection certification of three authoritative organizations.


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