ZTE

ZTE preliminary financial statement guides for 293% net profit increase
Business
ZTE preliminary financial statement guides for 293% net profit increase
Company is forecasting a total net profit of RMB 4.55 billion for the whole year ZTE Corporation published guidance for a 293% increase in net profit for the whole year of 2017 ended 31 December 2017, bolstered by growth in the company’s carrier networks and consumer businesses. According to the company, the operating revenue was RMB 108.82 billion, 7.49% higher than a year earlier. Net profit attributable to holders of…