ZTE's H1 Net Profit Plunges; Revenue Up

MT Newswires Live
Aug 21

ZTE (HKG:0763, SHE:000063) reported 2.75 billion yuan in net profit for the first half, compared with 5.06 billion yuan a year ago, a Friday bourse filing showed.

EPS moved to 0.56 yuan from 1.06 yuan year over year.

For the six months ended June 30, operating revenue was 78 billion yuan versus 71.6 billion yuan previously, the Chinese telecom equipment company said.

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