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ZTE revenue growth stable at 4% in H1

2016-08-25 15:18:00| Telecompaper Headlines

(Telecompaper) ZTE announced a 4.05 percent increase in first-half operating revenues compared to a year earlier to CNY 47.76 billion. While the company did not release Q2 figures, the report suggests business was stable in the second quarter, after Q1 sales also rose 4 percent. ZTE reported a net profit of CNY 1.77 billion, up 9.33 percent from a year earlier, and operating cash flow improved 56.17 percent to CNY 2.35 billion.

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