ZTE revenue growth strengthens to 13% in H1, net profit doubles

ZTE revenue growth strengthens to 13% in H1, net profit doubles

(Telecompaper) ZTE reported revenues for the six months of 2019 up 13.1 percent to CNY 44.61 billion, while net profit more than doubled to CNY 1.47 billion. The company said it expects net profit over the first nine months of the year to grow to CNY 3.8-4.6 billion, helped by part by a real estate sale.
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