ZTE (HKG:0763, SHE:0000630) and its subsidiaries recorded a 47% decline in attributable profit for the first quarter of 2026 to 1.31 billion yuan from 2.45 billion yuan a year prior, according to a Friday Hong Kong bourse filing.
Earnings per share slipped to 0.27 yuan in the three months from 0.51 yuan in the corresponding period of the previous fiscal year.
Operating revenue jumped 6.1% to 35 billion yuan from 33 billion yuan.
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