ZTE Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CNY 28,688.65 million compared to CNY 32,740.71 million a year ago. Net income was CNY 2,369.01 million compared to CNY 2,254.17 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.48 a year ago. Diluted earnings per share from continuing operations was CNY 0.5 compared to CNY 0.48 a year ago.
For the nine months, sales was CNY 89,393.44 million compared to CNY 92,559.01 million a year ago. Net income was CNY 7,841.17 million compared to CNY 6,819.99 million a year ago. Basic earnings per share from continuing operations was CNY 1.65 compared to CNY 1.44 a year ago. Diluted earnings per share from continuing operations was CNY 1.65 compared to CNY 1.44 a year ago.