Home ZTE confirms FY loss of CNY 7 billion, sees return to profit in Q1
 

Keywords :   


ZTE confirms FY loss of CNY 7 billion, sees return to profit in Q1

2019-03-27 14:41:00| Telecompaper Headlines

(Telecompaper) ZTE confirmed a net loss of CNY 6.98 billion for 2018, hurt by the USD 1 billion payment to settle its dispute with US authorities. The company said it returned to a profit in Q1, estimated at CNY 0.8-1.2 billion. 

Tags: in return loss profit

Category:Telecommunications

Latest from this category

All news

»
05.11PM responds to Sir Alan Bates after repeated requests
05.11American Angus elects 2024-25 board leaders
05.11Atlantic Tropical Weather Outlook
05.11Eastern North Pacific Tropical Weather Outlook
05.11Tropical Storm Rafael Graphics
05.11Tropical Storm Rafael Public Advisory Number 8A
05.11Summary for Tropical Storm Rafael (AT3/AL182024)
05.11Brazil gives green light to medicinal use of Cannabis in animals
More »