ZTE Result 06/04/2016


ZTE reported turnover for the full year 2015 of RMB 100 billion ($15 billion), up 23% YoY. This was split between the Chinese (RMB 53.1 billion ($8.2 billion)) and international (RMB 48.1 billion ($7.4 billion)) markets. Net profit was reported at RMB 3.21 billion ($481 million). Higher 4G system products and Smart City projects assisted the boost in revenues.