ZTE Revenue rises

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

 

ZTE Corporation (“ZTE”) has announced its interim results for the six months ended June 30, 2012.

Applying PRC ASBEs for period ending June 30, operating revenue was RMB 42.64 billion, representing year-on-year growth of 15.2%. Total profit in the period was RMB 656 million, a decrease of 48.5% year-on-year. Basic earnings per share for the period were RMB 0.07.

During the reporting period, ZTE reported operating revenue of RMB 20.89 billion from the domestic market, accounting for 49% of overall operating revenue and representing year-on-year growth of 26.4%.

From the overseas market, ZTE reported operating revenue of RMB 21.76 billion during the period, accounting for 51% of its overall operating revenue and representing year-on-year growth of 6.2%.

ZTE reported revenue of RMB 21.28 billion for carrier network products during the period, representing year-on-year growth of 3.9%.

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