BEIJING, Oct. 26 (Xinhua) -- ZTE Corporation (000063.SZ) predicted its net loss for 2018 will be between 6.2 billion yuan and 7.2 billion yuan, down 235.72 percent to 257.61 percent.
The listed company earned a net profit of 4.568 billion yuan in 2017.
According to its financial report for the first three quarters of 2018, its revenue was 58.766 billion yuan, down 23.26 percent from a year ago, while it made a net loss of 7.26 billion yuan during the period, a plunge of 285.92 percent on year.
In the third quarter, the company earned 564 million yuan of net profit. (Edited by Yang Qi, kateqiyang@xinhua.org)
A single purchase
