ZTE profit jumps 42% in Q1

Thursday 23 April 2015 | 17:14 CET | News
ZTE said net profit rose 41.9 percent year-on-year in the first quarter to CNY 883 million, boosted by the company's M-ICT strategy, which generated new growth avenues. Basic earnings per share climbed to RMB 0.24, while revenue lifted 10.2 percent to CNY 21 billion. Operating revenue from telecommunications software systems, services and other products increased by 23.4 percent, pulled up by strong growth from video and network terminal products, in addition to services. Revenue from carrier networks increased by 8.9 percent, driven by growth in sales of products such as wireless

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: ZTE Belgium
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


ZTE revenues up 24% to over CNY 100 bln in 2015

Published 19 Jan 2016 12:44 CET | World
ZTE reported net profit for 2015 up 43.5 percent to CNY 3.78 billion. Revenues increased 23.8 percent to top CNY 100 billion for ...

ZTE H1 growth led by China, network equipment

Published 26 Aug 2015 14:13 CET | World
ZTE reported first-half results largely in line with its preliminary report. Revenues rose 21.8 percent to CNY 45.9 billion, and ...

ZTE net profit increases 43% in H1

Published 21 Jul 2015 12:41 CET | World
ZTE said it expects to report a 43 percent increase in net profit for the first half of 2015 to CNY 1.61 billion (USD 260 ...

ZTE unveils SmartHome gateway, Blade D6 smartphone

Published 15 Jul 2015 09:22 CET | World
ZTE announced the new Blade D6 smartphones and its first smart home gateway, the ZTE SmartHome, at the Mobile World Congress ...

ZTE unveils 2+4 platform for mission-critical communications

Published 20 May 2015 11:49 CET | World
ZTE has launched a new product, dubbed 'ZTE 2+4', designed to enable mission-critical communications in the private wireless and ...

ZTE triples overload capacity of wireless access in 5G tests

Published 15 Apr 2015 14:18 CET | World
ZTE has announced that recent tests have revealed that its new Multi-User Shared Access (MUSA) technology is able to more than ...

ZTE Blade S6 Plus debuts worldwide via eBay

Published 06 Apr 2015 14:08 CET | World
ZTE, a mobile device maker, announced the worldwide debut of the ZTE Blade S6 Plus on eBay. The premium phablet can be purchased ...

4G drives increase in ZTE results

Published 25 Mar 2015 15:45 CET | China
Growing sales of 4G network equipment and handsets led the increase in ZTE's results in 2014, according to the Chinese equipment ...

ZTE's patent filings exceed 60,000 

Published 25 Mar 2015 08:27 CET | World
ZTE announced that global patent applications made by the company have exceeded 60,000, as innovation and research generate ...

Calendar   /   Industry Events

18 Feb Magyar Telekom Q4 2019
18 Feb Hrvatski Telekom Q4 2019
18 Feb Ceva Q4 2019
18 Feb TiVo Q4 2019
18 Feb Vonage Q4 2019
18 Feb Smartone H1 results
19 Feb Dish Network Q4 2019
19 Feb OTE Q4 2019
19 Feb Spark H1 results
19 Feb Telefonica Deutschland Q4 2019
19 Feb Technicolor Capital Markets Day
19 Feb Telefonica Brasil Q4 2019
19 Feb Ribbon Communications Q4 2019
19 Feb Gilat Satellite Networks Q4 2019
19 Feb Analog Devices fiscal Q1
19 Feb Deutsche Telekom Q4 2019
19 Feb CyrusOne Q4 2019
19 Feb Future Generation Optical Transport Networks Summit 2020
20 Feb Axiata Q4 2019
20 Feb Starhub Q4 2019
20 Feb Windstream Q4
20 Feb Bouygues Q4 2019
20 Feb Interdigital Q4 2019
20 Feb Consolidated Communications Q4 2019
20 Feb Commscope Q4 2019
20 Feb SBA Communications Q4 2019
20 Feb Intelsat Q4 2019
20 Feb Liberty Latin America Q4 2019
20 Feb Telefonica Q4 2019
20 Feb OTE EGM
::: More Calendar Items