Zte releases first quarter report for 2020.

From January to March 2020, zte's revenue reached 21.484 billion yuan, according to the report. Net profit attributable to the common shareholders of the listed company: 780 million yuan; The net profit attributable to the common shareholders of the listed company after deducting non-recurring profits and losses was 160 million yuan, up 20.5% year on year; The basic earnings per share was rmb0.18.

According to the financial results, zte invested 3.241 billion yuan in r&d in the first quarter of 2020, accounting for 15.1% of the operating revenue, up 1.2 Pc percentage points from the Same period of the previous year.