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ZTE Corporation Announces 2024 Financial Results and Dividend Proposal

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ZTE Corporation Announces 2024 Financial Results and Dividend Proposal

ZTE ( (HK:0763) ) has shared an announcement.

ZTE Corporation has announced its audited financial results for the year ending December 31, 2024, which have been approved by its Board of Directors. The company reported that its annual financial reports were audited by Ernst & Young Hua Ming LLP, receiving an unqualified auditor’s report. ZTE plans to distribute RMB6.17 in cash per 10 shares to shareholders, subject to approval at the general meeting. This announcement underscores ZTE’s commitment to transparency and shareholder returns, potentially strengthening its position in the telecommunications industry.

More about ZTE

ZTE Corporation is a major player in the telecommunications industry, providing a range of products and services including telecommunications equipment and network solutions. The company is based in the People’s Republic of China and is listed on the Hong Kong Stock Exchange, focusing on global markets with a significant presence in various regions.

YTD Price Performance: 22.40%

Average Trading Volume: 10,461

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $25.5B

For an in-depth examination of 0763 stock, go to TipRanks’ Stock Analysis page.

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