ZTE’s net profit was 863 million yuan for the three-month period ended March, compared with a 5.4 billion yuan loss in the same period last year. Photo: Agence France-Presse
ZTE expects US$178 million first-half profit as it boosts R&D spending for 5G development
- First-quarter revenue was 22.2 billion yuan, down 19.3 per cent from the first three months of last year
Topic |
ZTE
ZTE’s net profit was 863 million yuan for the three-month period ended March, compared with a 5.4 billion yuan loss in the same period last year. Photo: Agence France-Presse