ZTE Corp swings to first-quarter profit of 862.6 million yuan

April 29, 2019 admin Business News Comments Off on ZTE Corp swings to first-quarter profit of 862.6 million yuan

China’s ZTE Corp reported on Monday a first-quarter profit of 862.6 million yuan ($128.2 million), as expected, up from 276 million yuan in the preceding three months, as it recovered from last year’s U.S. sanctions.

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Source:: Reuters – Business News