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ZTE's Hong Kong Shares Plunge Over 9% Amidst 11.77% Year-on-Year Decline in First-Half Net Profit
2 week ago /
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Author：小编
Shares of ZTE in Hong Kong experienced a sharp decline of 9.22%, closing at HK$35.04. Trading volume surged to HK$1.934 billion, causing the company's total market value to shrink to HK$167.615 billion.
According to the company's semi-annual results for 2025, revenue for the first half of the year amounted to RMB 71.553 billion, marking a 14.51% increase year-on-year. Despite this revenue growth, the net profit attributable to ordinary shareholders of the listed company stood at RMB 5.058 billion, representing a 11.77% decrease compared to the same period last year. Moreover, the net profit after deducting non-recurring gains and losses was RMB 4.104 billion, a 17.32% year-on-year decline.
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