ZTE Released Financial Report 2017

- Mar 19, 2018-

ZTE released its 2017 full-year performance report on March 15th. Due to continuous input in telecommunications networks by global operators and expansion of its overseas mobile phone market, government and enterprise market, ZTE achieved operating revenue of CNY 108.82 billion in 2017 with a year-on-year increase of 7.5%; the net profit reached CNY 4.57 billion, marking a year-on-year increase of 293.8%; the basic earnings per share was 1.09 yuan and weighted average net assets returns reached 15.7%.

According to the report, ZTE achieved increases in the operator networks, consumer business and government&enterprise business in 2017, which reached operating revenue of CNY 63.78 billion, 35.21 billion and 9.83 billion, respectively. Judging by the regions, domestic income was CNY 61.96 billion and international income was 46.86 billion.