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China's telecom equipment maker ZTE sees profit surge in Q1

April 29, 2021


Abstract : Chinese telecom equipment maker ZTE said Wednesday night that it made net profits of 2.18 billion yuan (about 336 million U.S. dollars) in the first quarter of 2021, surging 179.7 percent year on year.

SHENZHEN, April 28 (Xinhua) -- Chinese telecom equipment maker ZTE said Wednesday night that it made net profits of 2.18 billion yuan (about 336 million U.S. dollars) in the first quarter of 2021, surging 179.7 percent year on year.

In the latest quarterly report filed with the Shenzhen Stock Exchange, ZTE said its revenue totaled 26.24 billion yuan during the January-March period, up 22.1 percent year on year. Enditem

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Keyword: China Q1 ZTE telecom equipment maker

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