Wednesday, March 25, 2015

ZTE Posts 2014 Profit of RMB 2.63 Billion

ZTE reported a net profit of RMB 2.63 billion (US$423.5 million) in 2014. Basic earnings per share climbed to RMB 0.77, while revenue rose 8.3% to RMB 81.47 billion.

ZTE posted revenue of RMB 40.89 billion from international operations, accounting for 50.2% of revenue. Operations in China contributed revenue of RMB 40.58 billion.