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General

ZTE confirms improvement in FY results, increase in R&D spend

Thursday 15 March 2018 | 16:39 CET | News
ZTE confirmed a strong improvement in results for 2017 in its annual report. Revenue growth accelerated to 7.5 percent to CNY 108.8 billion, the gross margin improved slightly to just over 31 percent, and the net result returned to a profit of CNY 4.6 billion after the loss of CNY 2.4 billion in 2016. 

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Categories: General
Companies: ZTE
Countries: China / World
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