Key facts
- Third-quarter net profit rose 395% to 1.31 billion yuan.
- Third-quarter revenue increased 34% to 38.81 billion yuan.
- Computing-related revenue grew over 70% in the first nine months.
- Server and storage product revenue up over 70%; data center products up nearly 130%.
- International market revenue increased over 30%.
ZTE's shares climbed in Hong Kong trading on Tuesday following the release of its third-quarter financial results, which showed a substantial profit increase. The company attributed the surge to strong performance in its computing infrastructure and international operations, aligning with its strategy to leverage AI and computing power.
The filing on Monday evening detailed a net profit of 1.31 billion yuan for the three months ending September 30, marking a 395% rise from the prior year. Revenue also saw a significant boost, growing 34% year-on-year to 38.81 billion yuan in the third quarter. For the first nine months of 2026, total revenue reached 116.84 billion yuan, up 16.2%.