Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Company

ZTE net profit soars in Q1

April 30, 2019


Abstract : Chinese telecommunications company ZTE reported a net profit growth of 115.95 percent in the first quarter of 2019, the company said Monday in a filing to the Shenzhen Stock Exchange.

SHENZHEN, April 30 (Xinhua) -- Chinese telecommunications company ZTE reported a net profit growth of 115.95 percent in the first quarter of 2019, the company said Monday in a filing to the Shenzhen Stock Exchange.

The company's net profit attributable to its shareholders reached 863 million yuan (around 128 million U.S. dollars).

The company reported more than 3 billion yuan of investment in research and development of 5G-related core areas between January and March, accounting for 13.9 percent of total revenue.

ZTE expects its net profit in the first half of 2019 to be between 1.2 billion yuan to 1.8 billion yuan.

Scan the QR code and push it to your mobile phone

Keyword: 5G ZTE

Reading:

Belt and Road thematic-forum on Digital Silk Road held in Beijing

China going all out to build digital Silk Road with BRI partners

China plays critical role in advancing Uganda's ICT development

Mobile phone manufacturers race to seize foldable smartphone market

Sany, ZTE join hands in intelligent manufacturing

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial