ZTE: 2008 Earnings Rise Nearly 30%
see also ZTE
Chinese telecom equipment provider ZTE recorded full year 2008 revenue of RMB 44.3 billion, up 27.4% from RMB 34.8 billion in 2007, and net profit attributable to shareholders of RMB 1.7 billion, up 32.6% from RMB 1.3 billion in year-ago period. Revenue for the first nine months of 2008 was up 29.34% year-on-year to RMB 30.33 billion, while net profit grew 35.31% to RMB 816 million.
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