ZTE(SZ:000063) 第一财经·2025-10-30 02:15Core Viewpoint - ZTE Corporation's stock experienced significant declines in both Hong Kong and A-share markets following the release of its latest earnings report, indicating investor concerns over profitability despite revenue growth [1][2]. Financial Performance - For Q3, ZTE reported revenue of 28.967 billion yuan, a year-on-year increase of 5.11%, while net profit plummeted by 87.84% to 264 million yuan [3]. - In the first three quarters, ZTE's revenue reached 100.52 billion yuan, reflecting an 11.63% year-on-year growth, but net profit decreased by 32.69% to 5.322 billion yuan [3]. Stock Market Reaction - On October 30, ZTE's stock price in Hong Kong fell by over 12%, reaching a low of 34.66 HKD, and closed down 10.41% at 35.44 HKD with a trading volume of nearly 1.6 billion HKD [1]. - In the A-share market, ZTE's stock declined by 1.67% [2].