
Net profit at ZTE fell between 2.5 and 2.9 billion yuan (396.83 to 460.32 million U.S. dollars) year on year in 2012, the company predicted in a report on Sunday. The firm made a profit of 2.06 billion yuan in 2011. The 2012 year-on-year fall represents a drop of between 221.35 percent and 240.77 percent. The multinational telecommunications equipment and systems company headquartered in Shenzhen City, Guangdong Province, attributed the decline to delays in both signing domestic contracts and completing international projects, according to its flash report filed with the Shenzhen Stock Exchange. Shares of the company climbed 0.20 percent to 10.17 yuan on Friday from the previous trading day.
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor