Higher sales of carriers’ networks, handsets, video solutions,network terminals and telecommunications services support strong earnings growth
SHENZHEN, China - Thursday, April 23rd 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 reported first-quarter net profit rose 41.9%, as the company’s new M-ICT strategy generated new growth avenues.
Net profit attributable to shareholders of the listed company increased to RMB 883 million (US$142 million) in the first three months, according to the results announcement posted by ZTE Today. Basic earnings per share climbed to RMB 0.24, while revenue rose 10.2% to RMB 21 billion.
Operating revenue from telecommunications software systems, services and other products increased by 23.4% in the first quarter, as ZTE recorded strong growth from vide
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