Innovative 4G solutions including Cloud Radio, QCell and UBR made ZTE the fastest-growing provider of 4G solutions in the world in 2014
SHENZHEN, China - Thursday, March 26th 2015 [ME NewsWire]
(BUSINESS WIRE) ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced a 94% rise in full-year net profit, as higher sales of 4G network equipment and smartphones lifted the company’s profit margins.
Net profit attributable to shareholders of the listed company increased to RMB 2.63 billion (US$423.5 million) in 2014, according to the annual results announcement posted by ZTE today. Basic earnings per share climbed to RMB 0.77, while revenue rose 8.3% to RMB 81.47 billion.
ZTE proposed a cash dividend of RMB 2.0 (including tax) for every 10 shares held, in addition to the issue of 2 bonus shares for every 10 shares by way of capitali
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