Thursday, August 30, 2018

China#39;s ZTE posts $1.1 billion first-half loss on impact from US supplier ban

China#39;s ZTE posts $1.1 billion first-half loss on impact from US supplier ban The result compared with the 7 billion to 9 billion yuan net loss estimate disclosed last month, and the 2.3 billion yuan profit booked in the same period a year earlier. Operating revenue in the first half fell 27.0 percent to 39.4 billion yuan.

from Moneycontrol Business News https://ift.tt/2LIwjPM
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