ZTE Corporation posted revenues of CNY 64.2 billion ($9.1 billion) in the first three quarters of the year, an increase of 9.3% compared to the year-ago period, the Chinese vendor said in a statement.
During the period, net profits amounted to CNY 4.13 billion, climbing 156.9% year-on-year.
For the third quarter, ended September 30, the company reported operating revenue of CNY 19.6 billion, representing a year-on-year increase of 1.5%. Net profit after extraordinary items amounted to CNY 98 million, representing a decrease of 18.6% as compared to the same period last year.
