Zte Corporation’s Net Profit Rose 8.1% in First Three Quarters of 2022

Zte Corporation (中兴通讯股份有限公司) (000063.SZ) reported a net profit of 6.7 billion yuan in the first three quarters of 2022, up 8.1% year-on-year.

Meanwhile, the company posted 92.6 billion yuan in revenue, up 10.4% year-on-year.

At the end of the reporting period, it had 181.2 billion yuan in total assets and 122.7 billion yuan in total liabilities, with a liability-to-asset ratio of 67.7%.