ZTE Q1 profit grows

By Reuters - Global Times Source:Reuters-Global Times Published: 2014-4-18 0:03:01

ZTE Corp, China's second-biggest telecommunications equipment maker, said first-quarter profit matched its estimate after benefiting from the country's introduction of 4G networks.

Net profit rose 204 percent to 622.2 million yuan ($100.01 million) from January to March, compared with an estimated range of 425 million yuan to 637 million yuan, the Shenzhen-based company said on Thursday.

Reuters - Global Times

Posted in: Companies

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